Loading...
HomeMy WebLinkAboutPCDC Resolution 00-11 06/26/2000 I r' c yi f ICES®LUTI®N # 2000-11 PETALUMA C®MMUNIT~' REVEL®PMENT C®MMISSI®N III)®I'TING TIIE FY 2000-01 ~UI)GET ANI) APPR®VING TIIE ISEVISEI) ~ 1999-00 ~UI)GET WHEREAS, on June 7, 2000, the Petaluma Community Development Commission held a public hearing and considered the FY 2000-01 PCDC .Proposed Budget for the period from July 1, 2000 to June 30, 2001 and the Executive Director also submitted a revised Budget for FY 1999-00; and WHEREAS, the Commission desires to continue the practice of approving inter-fund loans between the PCDC Project Area Funds, as reflected in the "Proposed Budget" and the Agency's "Five-Year Implementation Plan", calculated according to the average annual interest rate on funds invested at LAIF; and WHEREAS, in order to maximize the amount of bond proceeds available to implement redevelopment projects and based on the advice from the Commission's financial advisor (Kelling, Northcross & Nobriga), the Commission desires to replace the reserve fund for the 1992A Tax Allocation Bonds with a surety; and WHEREAS, the Commission's directives regarding final budget allocations have been reflected in the final Budget. NOW, THEREFORE, BE IT RESOLVED that the Petaluma Community Development Commission hereby: 1. Approves the Revised FY 1999-2000 Budget; and 2. Approves and Adopts the FY 2000-01 PCDC Budget, as amended, referred to herein as Exhibit A. Adopted this 26th day of June, 2000 by the following vote: Commissioner Aye No Absent Thompson X . Cader-Thompson X Hamilton X Healy X ~ --4d. Keller X ~ . Maguire X ti , ~ ~ - f_, s:. Torhatt ~ iG~~`~,t Pamela Torlia , Vi~`e Chairman ATTEST: Paulette Lyon, Deputy R mg Secretary Reso. 00-11 1 2U ®'~~®-1. P~t~al.ua Co~~nty.l~eve~l®e~ Coss`®n I'~~al ud~et Ad~~ust~~ts 1`he f®llowng adj;aast~ents have occurred since the. submittal of tl~e F'1' 2000-01 PCllC Prmposed budget and are presented for your . inf®rnflation and approval. 1. ~'i>mal'~2000 TAB Figures ® debt 'Ser .vice:. $1:8,000,000 in 2000 Tax- Allocation Bonds were. sold. on June 6; 2000 to Stone & Youngberg LLC who had the lowest True Interest Cost. (TIC) bid of 5.78932`8 Therefore, the revised debt service payment is $1,13b,282 . ~elbt Service Reserve.: In lieu of having to maintain a debt service reserve of $1.,668,895,. the Commission was able to purchase a surety.. Therefore; he reserve has been liquidated in the Debt Service Fund and added to' the .proceeds of bonds in the PCD Project.Area~Fund (902).. ® C®st of. Issuance: Actual "Cost of Issuance" figures totaled $569,993' and` includes Bond Insurance and a Surety. 2. 1992 T'A~ iteserves ® Debt Service ,Reserve: In lieu of having to maintain a debt service reserve of $639,538; the .Commission. was able to purchase a surety. Therefore, the reserve has been. liquidated in the- Debt Service Fund and -added to the proceeds of bonds in the PCD Project .Area Fund :(902): Interest earnings to the Debt Service Fund are adjusted accordingly. 3. Payran I~eactii F.i®od_li!ganageyne®t Pr®lect Project Expenditures' FY 1999-00 Project Cost Estimate has been :updated, taking; into .account the -.most recent Council alcton 'to fund construction:. Reserve f r Project: The project reserve has been increased from $6:3 !million to $6.8 million based on .more accurate cost information. Petaluma, California 6/7/2000 . Pe~~la C~~n~ty ~v~~loent Co~~~s~ I~:~al ~~e~ ~A~us~m~~~s Account Detail CENTRAL BUSINESS DISTRICT PROJECT AREA REVENUES AND EXPENDITURES FY 2000-01 PROPOSED BUDGET - REVENUES AND EXPENDITURES BY'PROJECTAREA FY 97-98 FY 98-99 FY 99-00 FY 99-00 FY 00-01 Actual Actual Budget Revised Proposed . CENTRAL BUSINESS DISTRICT PROJECT AREA REVENUES'•AND TRANSFERSIN 1 Beginning Reserves`for Projects. 0 0 0 0 0 2 Beginning Funds~'Available 88;119 94,249 .(8,,175) (8,175) ! (0) 3 Property Taz.,Increment Revenue 433;439 450,873' 437,851 437,851 444;891 A Other Revenues 20;079 21,960 7,500 7,500 9,100 • 5 Transfer'In;Loarrfirom PCD Fund. 902 0 10,000 287,828 166,794 438!308 g ~ 7 TOTAL REVENUES AND TRANSFER$~IN 541,637 577,082 725;004 593,970 892;299 8 9 EXPENDITURES AND TRANSFERS.OUT 10 Administration 41,145 51,901 158,134 81,600 186;621 11 Projects 12 'Downtown 124,992. 183,782 188;650 201,150 180;900.' 13 Circulation and Parking 61..,544 61,929 32,000 24,000 216;000 14 Pedestrian Erivironment 6,418 5,807 4,000 4,000 4;000' 15 Loans, Interest & Credits 38,013 35,027 35;650 35,650 35;000'! 16 Transfers 0u1 17 Transfer out to Housing Fund 86;688 90,175 87;570 87,570 88;978 18 Transfer out to Debt Service Fund 62;188 131,636 135;000 135,000 135;800'. ` 19 Transfer out to General;Fund for Security'Patrol 21,400 25;000 25;000 25,000 ' 26;000 20 Reserves for Future Projects 0 0 54,000 0 20;000 21 TOTAL EXPENDITURES, TRANSFERS OUT 447,388 585,257 725,004 593,970 892,299 22 8 RESERVES 23 24 UNRESERVED FUNDS AVAILABLE 94;249 (8,175) (0) (0) i (0); City of Petaluma, Calrforma -Petaluma Community Development Commission 6/7/00 12:11 PM PCDC2000Propb2 PCDC detail 1 CENTRAL BUSINESS DISTRICT PROJECT AREA ' REVENUES AND EXPENDITURES FY'2000-01 PROPOSED BUDGET REVENUES AND.EXPENDITfJRES BY PROJECT AREA FY 97-98 FY 98-99. FY 99-00 FY 99-00 is FY 00-01 Actual. Actual Budget Revised Proposed CENTRAL BUSINESS DISTRICT'PROJECT AREA 1 Beginning Reserves`for Projects 0 0 0 0 I D 2 Beginning Funds Available 88,919 94,249 (8,125) (8,175) ' (Oji 3 REVENUES 4 3100 Property Tax Increment 433,439 450;873 437,851' 437,851 444;891 5 3500 Interest Earnings 8,267 14,698 3;000 3,000 3D00' 6 3600 Miscellaneous Revenue 7;500 2,500 0 0 OI 7 3700 Parking Lot Revenue 3;812 4x762 4;500 4,500 6,1D0 8 TOTAL REVENUES ~ 453;518 472,833 445,351':. 445,351 3 ; 91;! 9 10 TRANSFERS IN 11 Loan From°CD Project Area Fund902 0 10,000 287;828 156,794 4313,30& 12 13 TOTAL REVENUES ANDTRANSFERS IN 541,637 577,082 725',004 593,970 892,299 14 15 EXPENDITURES 1T 8505 P~ojectAdministration 41,145 41,820 21,600 21,600 65,650 18 8508 CBD PIan.Amendment{Seifel #1) 0 10,081 103,875 30,000 97,121 i 19 8538 S6-2557 Co; Collection Fee 0' 0 12,259 9,600 14,000 ' ` 19a 8539 IndirecCOvertiead 0 ~ 0 20,400 20,400 13,950 - 20 Subtotal Administration 41,145' 51,901 158,134 81,600 ' 186,621 'c 21 ~~y i 'i". y 5~ ~ . 22 8512 URM Project 39;917 1.12,746 75,OOD 97,500 95,500 23 .8517 Petaluma~Downtown Assoc. 85;075 71,036 98;250 98,250 70,000 24 8518 Special Projects 25 Downtown Security 15,000 5,000 15,OQD 26 Summer Youth.Work Program 400 400 ! 440 27 Subtotal Downtown 124,992 183,782 188,650 201,150 c180,900!' City;of Petaluma, California -Petaluma Community Development Ciimmission 6/7/00 12:11 PM PCDC2000Propb2 PCDC detail 2 CENTRAL BUSINESS DISTRICT' PROJECT AREA REVENUES AND EXPENDITURES " FY 2000-01 PROPOSED BUDGET REVENUES AND EXPENDITURES BY PROJECT AREA FY 97-98 FY 98?99 FY 99-00 FY 99-00 ! FY 00-01 Actual Actual ~ Budget Revised ! Proposed 29 8511 Parking Garage/Lot Maintenance 41,932 59,730 33,000 20,000 33;000 30 9725 Underground Tank Monitor 1;552 2;199 4,000 4,000 .4,000 31 9891 Riverwalk;lmprovements -Putnam Plaza 18;060 0 0 0 0 32 9993 Parking Garage Improvemerits 0 0 0 0 179;000 f 33 Subtotal Circulation and Parking 61,544 61;929 37,000 24,000 216;000> r, 34, ~~~t'1~i ~i~Ft~l~Yt#~!1`:> 's',, r , ,e, 'z 35 8515 :Main Street;lmprovements 3,401 1,925 0 0 ' 0' 35a 9000 Cent: Pet. Specifc Plan.lmplementation 0 0 0 36 9792 IZiverwalkimprovements 0 0 0 0 ! 0 37 8516 Plaza Restroom Maintenance. 3;017 3,882 4,000- 4,000 4;000' 38 Subtotal Pedestrian Environment 6;418' 5,807 4!000, 4,000 4;000 d t .u.. 2 40 8510_ CBD LoansB Assessment Credits 38;013 35;027 35,650 35,650 35,000'. 41 Subtotal'toansllnterest/Credits 38;013 35,02.7 35;650 35,650 '35;000 42 43 TO_ TAL:EXPENDITURES 272,112 338,446 423;434 346,400 ! 622;521 44 45 TRANSFERS OUT 46' Transfers out to Low/Mod Housing;Fund 86;688 90,1:75 87;570 87,570 88!878 47 Transfers out to Gen;Fund for Foot Patrol Services 21,400 25,000 25;000 25,000 26;000 48 Transfers out to Debt•Service:1984 TAB 67;188 131,636 135;000. 135,000 135,800:'. 49 Subtotal Transfers Out. 175,276 246;811 .247;570 247,570 249,778 50 51 TOTAL EXPENDITURES 8 TRANSFERS OUT 447;388 585,257 671;004 593,970 872;239:: 52 53 ENDING FUNDS AVAILABLE , 94,249 (8,175) 54,000 (0) ! 20;000 54 Reserved Funds: Loan Repayment to Fund 902 0' 0' 0 0 ! 0' 55 Reserve forFuture Land Acquisition 0 -0 0 0 ' 0 56 Reserve for URM,Reimbursements 0 0 54;000 0 0.'. 57 Reserve for Contingencies 0 0 0 0 20;000 58 59 UNRESERVED FUNDS AVAILABLE 94,249 (8;175) (0) (Oj (Oj' City of Petaluma, California -Petaluma Community Development'Commission 6/7/00'12:11 PM PCDC2000Prop62 PCDC detail & COMMUNITY bEVELORMENT' PROJECT AREA REVENUESAND EXPENDITURES FY 2000-01 PROPOSED BUDGET ~ • REVENUES AND EXPENDITURES BY PROilEGS AREA FY 97-98 FY 98=99 FY 99-00 ~ FY 99-00 FY 00-(?i Actual ~Aciual Budget. Revised ' Proposed REVENUES AND TRANSFERS IN 1 Beginning Reserves 2;398,725 893,276 238;346 238,346 fi,800;000' 2 Beginning FundsAvailable 2;324,761 0 (2,128,4D4) (2;128,404) ' 3,7fl6;931 3 Property Taz lnorement Revenue 4;290;551. 5,102;355 5,588,074 5;586,074 6,064;614 4 Other Revenues 394;293 128,373 87,500 '87,500 410,000 i . 5 Transfers lh & Bond Proceeds 0 0 15,000;000 17;838,543 63@,638 6 TOTAL REVENUES AND'TRANSFERS IN . 9;408,330 6,124,004 .18,785;516 21,624,059 17;621;283' 7 8 EXPENDITURES AND TRANSFERS OUT 9 10 Administration 243;900 281,023 790,944 1,005,937 ' 349;958:'. 11 Projects 12 Downtown 15;272 14,031 45;200 45,244 50,000 13 Circulation;and Parking 3,908,764 3,245 0 0 80,000 • 14 Pedestrian Environment 15;837 23,43S 273,600 .21,600 514;100 15 Public Improvements 858;563 4,184;273 10,164',000 5;316,000 ! 50,Ofl01' 16 Economc'Revitalzation 479;900 78,629 60;335 278,681 22;000:! = 17 Rassthroughs, Loans& Interest 1,438,061 1,67T;646 1,940,975 1,977,863 2,080,951 9 18 Transfers OuYto OtherFunds 19 Transfers Out (Loan] fo CBD Fund 901 0 10,000 287,828 156,794 438,308 20 Transfers Out to Housing Fund'903 790;420 945;246 1,117,615 1,117;616 1,272,963 21 Transfers Out tobebt~Service.Fund 544;109 720,068 1,]45,894 1,145,894 2,217;802 22 'Transfers Out (Loan)to Marina Fund 196',500 52,500 52;500 52,500 82,600.'. 23 Reserves for Future Projects. .893;276 238;346. 238,346 6,800,000 6,850,OOfl .24 TOTAL EXPENDITURES, TRANSFERS OUT 9,384;602 8;228,442 16,117,237 17,917,128 13,918,582. 25 8 RESERVES 26 27 UNRESERVED FUNDS,AVAILABLE 0 (2,128,404) 2,668,279 3;706,931 3,?fl2,70i' City,of Petaluma, California -Petaluma Community_Development Commission 5!7/00 12:11 PM PCDC2000Propb2 PCDGdetail 4 COMMUNITY DEVELOPMENT PROJECT AREA REVENUES AND EXPENDITURES FY 2000-01 PROPOSED BUDGET REVENUES AND EXPENDITURES BY'PROJECT AREA FY 97-98 FY 98=99 FY 99-00 FY 99-00 ' FY 00.-01 Actual Actual Budget .Revised !Proposed COMMUNITY DEVELOPMENT PROJECT AREA 1 Beginning Reserbes'fof Projects 2;398;725 893,276 238,346 238,346 6,8013;000' 2 Beginning Funds Available 2,324;761 ~ 0 (2,128,404) (2,128,404) 3,706,931 _ 3 4 REVENUES 5 3100 'PropertyTaxancrement 4;290,551 5,102;355 5,588;074 5;588,074 6,064;614.'. 6 3500 .Interest Earnings 179,478 128;373 62,500 62,500 410;OOp 7 3600 Miscellaneoiis Revenues 8;400 0 25,000 25,000 0 - • 8 Properly Owners Contributions 206,.415 0 'l3' 0 ' fl 9 TOTAL REVENUES 4,684,844 5;230,728 5,675,574 5;675,574 6,474;814' 10 11 TRANSFERS IN: 12 Gross 2000 Bond Proceeds 0 0 15,000;000 17,838,543 0 Interest on Debt Svc: Reserve 0 0 0 0 ' 0 Proceeds of 19926ond Proceeds 0 0 0 0 639;53811 13 TOTAL,TRAN$FERS IN 0 0 15,000,000 17;838,543 633;538 14 • .15 TOTAL REVENUES AND TRANSFERS IN 9,408;330 6,124,004 18;785,516 21,624,059 ' 17,621j283; 16 17 EXPENDITURES .,.,......wF. , 19 8505 Project Administration 12,891 9,036 74;600 74,600 140;45D 19A 8509 Cost of lssuarice for 2000 TABS 0 0 355;01)0 569,993. 21'x;000 20 8508 PCD PtanAmendment ($eifel #4) 0 0 27,450 34,150 0 21 8521. PCD TAB. Fisca(;Svcs (Seifel:#3) 0 0 15;300 15,300 ' 0' 22 8538 SB-2557 County Colleotion,Fee 65,74.7 92;982 124,740 124,740 136;458 22a 8525 Marna.Flotel'Study 0' 0' 25',000 25,000 0 23: 853T Proj.Area AlternatiJes Analysis (Seifel#2) 20;962 21.,346 18,654 11,954 fl 23a 9990 General Plan Update' 0 0 0 0 0.' 23b 8539 City Indirect Overhead 144,300 152,659 150,200 150,200 52;050 24 SubtotaLAdministration 243;900 .281,023 790,944 1,005,937 349;958`- 5 £ zf;: ,:;s~;.:., ~3~~ . 25 5f3'TjVftf~#VYtt ! . ~ s 26 8512 URM Project 52 631 45',200 45,244 50;000 27 8517 Petaluma Downtown Assoc. 15;220 13,400 0 0 fl 28 Subtotal'Downtown 15;272 14,031 45,2D0 45,244 '.50;000 29 E:(1l.li~dCli~#fi£~84R€„( 'ym ~ x • 30 9528 freeway:Overcrossingllnterchange ~ 204;764 0 0 0 0 31 9845 Lakeville Highway Improvements 3,512_,000 0 0 0 ! 0 31a 9014 Corona Road Highway Improvements 0 0 0 0 80;000'. 32 9848 Old Redwood Highway'Improvements 192;000 0 0 0 fl 33 ;9863 MoDowell / E. Washington Improvements 0 0 0 0 fl 34 9891 Telephone Alley 0 3,245 0 0 0 35 Subtotal Circulation and Parking 3,908,764 3,245 0 0 86;U00 ' ' City'of P_ e_ taluma, California- Petaluina`Community Development Commission rop a ai , COMMUNITY"DEVELOPMENT PROJECT AREA REVENUES,AND EXPENDITURES FY 2000-01 PROPOSED BUDGET REVENUES AND EXPENDITURES BY PROJECT AREA FY 97-98 FY 98-99 FY 99-00 FY 99-00 ! FY 00-01 Actual Actual Budget ..Revised Proposed <Sy. ~ k x.. ~ . .......3 37 8510 MaihStreet!'Improvements 14;361 17;950 0 0 4r! 38 9876 Petaluma,Rver/T~ails Enhancements 0 0 252,000 0 482,600.. 38a &515 Tree Maintenance & Watering 0 0 21,600 :21,600 21;600 39 9936 Putnam Plaza Ped'Crossing 1,476 5,485 0 0 ! 0 40 Subtotal Pedestrian Environment 15;837 23,435 273;600 .21,600 514;100..: 42 9724- Flood'Cont~ol Improvement!Project 858,563 4,184';273 10,149;000 5`,315,000 D ' 43 9013 Klaas CenterRenovations: 0 0 15,000 0 50';000:'. 44 SubtotafPubhclmprovements 858,563 4,184;273 10,1.64,000 5;315;000 50!000 46 -5119 EconomiaDevelopmentPromotion 3,735 865' 0 0 ' 0= 47 5452 Central Petaluma Specific,Plan 296,747 .63,147 58,335 38,335 20;004 48 8518 Land Use Study - No. McDowelllQRH ' 0 0 0 0 0 49. 8519 Corona Reach Specific'Blan 83,550. 2,765 0 238,346 ' 0 •50 8.530 Auto Plaza=Project 19,493 6,952 2,000 2,000 2';000 51' 8609 AssessmeritDistrict #19 Auto Plaza 76,375 0 0 0 ! 0 ? 52- 9992 CBD Property Acquisition' 0 4;900 0 0 0 53 Subtotal Economic'Revitalization 479,900 78,629 60,335 278,681 22;000: - 54 I'~y$^`+S$~ilf~,~f$~~d~1#Ifi'EERt3~32>";> _ 55 8506 Passthrough`FaymentstoOthers} 1,438,061 1,677,646 1,857„450 1,894,338 2,055;951 56 8510!. Payment of'Loan,lnterest4o'Fund 903 0 0 59;525 '59,525 D " 57 8540 PCDC Loans & Assessments 23,728 23;966 24;000 24;000 25;D00 59 Subtotal Passthroughs/Loans/Interest 1;461,789 1,701,612 1,940;975 1,977.863 2,08D;95t 6U 61 TOTAL EXPENDITURES' 6',9134,025 6;286,248 13,275,054 8,644,325 3,147';D09 City of Petaluma, California -Petaluma Community-Development Commission 6!7/00 12:11 PM PCDC2000Propb2 PCDC detail 7 COMMUNITY DEVELOPMENT PROJECT AREA RE1/ENUES AND EXPENDITURES FY 2000-01 PROPOSED BUDGET REVENUES AND EXPENDITURES BY PROJECT AREA FY 97-98 FY 98-99 FY 99-00 FY 99-00 ! FY 00-01 Actual Actual Budget Revised ! Proposed 62 TRANSFERS OUT 63 64 Transfers to Low/Mod~Housing Fund 790;420 945;246 1,117,615 1,117,615 1,212;963 65 Transfers out to Debt Service 66 Tax°Allocation'Bonds (1992A) 423,359 422;211 428,894 428,894 429;006. 67 Tax Allocation, Bonds (2000) 0 0 0 0 1,136!282'. 68 Agreement Obligatons(AD19 &Benson) 120,750 297,857 71.2,000 717,000 552;614 P 69 Transfers out (Loan) to•Marina Fund 70 Operations/Debt Service Shortfall 52,500. 52;500 52,500 52,500 52,500' 72 Dredging ~ 144;000 0 0 0 ' 0 74 Transfers out (Loan) to CBD Fund 0 10;000 287;828 158,794 ' 438;308 75 Subtotal Transfers Out 1,531;029 1,727,814- 2,603,837 2;472,803 ' 3,821;573x; 76 _ 77 TOTAL EXPENDITURES AND TRANSFERS OUT 8,515,054 8,014,062 15,878,891 11,1A7,128 ! 7,068;682 .78 79 ENDING FUNDS AVAILABLE 893,276 (1;890,058) 2,906,625 10,508,931 10,552;701 80 81 82 .RESERVED FUNDS 84 Reserve:forOvercrossing 801,378 -0 0 0 0! 85 Reserve for Corona Reach Specific Plan 91';898 238,346 238,346 0 0 Reserve for Payran'F3each Flood Project 0 0 0 6;800,000 ' 6,800,000 86- Reserve:forContingiencies 0 0 0 0 50;000' 87 ,88 UNRESERVED FUNDS AVAILABLE -0 (2;128;404) 2,668,279 3,708,931 3,702;701 City of Petaluma, California -'Petaluma Gommunitypevelopmerit Commissiori .6/7/00 12:11 PM PGDC2000Propti2 FCDC detail 8 LOW & MODERATE INCOME HOUSING FUND REVENUES AND EXRENDIT.URES ' FY 2000-01 PROPOSED BUDGET REVENUES AND EXPENDITURES BY PROJECT AREA FY 97-98 FY 98-99 FY 99-00 FY 99-00 ' FY 00-01 Actual Actual Budget Revised Proposed LOW/MODERATE INCOME NOUSING'FUND 1 REVENUES & TRANSFER$ IN 2 3 Begiinnjng Reserves for Projects 9,894 13,956 15;846 15;846 17;746 4 Beginning Projects:Available 2,463;067 2,452,882 2,140,404 2,140,404 1,845';3541 5 Other Revenues 256,970 136,640 201,550 181,950 12&;950 6 Transfers In:from Other Funds 1,,727,;108 1,035,421 2;555,185 1,110,000 2,701',941 7 TOTAL REVENUES'8 TRAN$FERSIN 3,857,039 3,638,899 4;912;985 3,448,200 4,691,;99T_ 8 9 EXRENDITURE$8 TRANSFERS OUT 10 11 Project Administration 146;740 169,790 199,400 199,400 256;750 12 Projects 13 .Homelessness (Prevention, Shelter,Services) 455,539 755,478 1,362,100 639,600 1,639,600.'. 14 Transitional Housing 175;136 155,995 40,000 40,000 152;4001' 15 Family Rental Projects 100,300 171,197 1,698,050 99,400 1,61131050.' 16 Senior'Prdjects/Programs 642,846 84,816 292,000 469,700 673;164 17 Homeownership/Rehabilitaficn:Programs 35,280 " 23,930 227;500 60,000 52;600'`. 18 Community Revitalization Programs 0 16,341 267,300 77,000 152;300 19 Total Projects 1,555;841 1,377,547' 4,086;350 1,585,100 x;559,764 20 Transfers (In) Out for Loans/Adjustments (165,640) 105,102 0 0 0 21 22 Reserves forFuture Projects , 23 Mobile Home-Rent Control 13,956 15,846 11,277 17,746 18,000 ' 24 Reserve for Land Acquisition 0 0 0 0 ' 0 25 Unspecified Housing Projects 2;452,882 2,140,404 815;358 1,845,354 114;227 26 27 TOTAL EXPENDITURES, TRANSFERS OUT 3,852;039 3,638,899 4;912,985 3,448,200 ' 4,691;991 l 28 & RESERVES 29 30 UNRESERVED FUNDS AVAILABLE 0 (0) 0 0 0 " City of Petaluma, California -Petaluma Community Development Commission 6/7/00 12:11 PM~PCDC2000Propb2 PCDC detail 9 LOW& MODERATE INCOME HOUSING FUND REVENUES AND EXPENDITURES FY-2000=01 PROPOSED`BUDGET REVENUES AND EXPENDITURES. BY PROJECT AREA' FY 97-98 FY 9t3,=99; • FY.99-00 FY:99-00 ' FY 00-01 Actual Actual Budget Revised i Proposed L_OW/MODERATE INCOME+.HOUSING'FUND _ _ ' 1 Beginning Reserves for Projects 9;894 13;956 15;846 15,846 17;745::: 2 Beginning Funds Available 2,463;067 2,452,882 2;140;404 2;140,404 1,845;354 3 4 REVENUES' 5 Investment Interest 142,645 108,782 179,600 165,000 190;000, 6 Moliile'Home<Rent Control Admin 5,990 1,920 1,950 1,950' 1;';950 7 Other Revenue: ~ 103,335 25;938 20,000 15,000 ' 16,000' ' 8 TOTAL REVENUES 256;970 136,640 201';550 181,950 126;950 9 , 10 TRANSFERS.IN - 11 FromPCDC.PrdjeotAreas 877,108 1,035,421 1,205,185 1,110,000 1,301;941' 12 From'City Housing In-Lieu Fund 250;000 0 1;350,000 0 1,400;000 13 70TAL TRANSFERS IN 1.;127;108 1;035,421 2;555,185 1,110,000 2,701:;941 14 - 15 TOTAL:REVENUES&7RANSFERS IN 3,857;039 3,638,899 4,912;985 3,448,200 4,691;991 ' 16• EXPENDITURES - ,y az a - 18 .5412 `Rental Assistance Program (PPSC) 0 2;500 0 25,000 19 5417 Singles Shelter Program (COTS) 37,709 37,992 60,000 60,000 52,000 20 5425 Mediation assistancePool,(PPSC) 75,789 82,060 90;000, 90,000 92;000' 21 5436 'Family Shelte~'Program/Maint (COTS) 230;264 235,668 245,700 245,700 226;40D 22 5440 Homeless Facility Maintenance 3;509 33,047 40,000 40,000 45;000 23 .5443 .Housing Opportunity Site Acg (BH) 26;912 236,309 0 0 0 24 5456 Homeless 3heltet/OpportunityGenter 73;446 1.05;006 163;'900 163,900 179;200' t 25 9725 Opportunity Center Facility- UST Monitor - 3,865 17,51'4 20,00.0 20,000 20;000 - 26 5462 Rehab Dorm'{COTS) 0 750 0 0 ' 0 27" 5457 Armory Facility Set:Asidi: 4,045 7;132 740;000 20,000 1,000;000 28 Subtotal Homelessness 455,539 755;478 1,362;100 639,600 1,639;600 ' 29 ~Ittu~l s ~ < 30 5468 Transitional Housing;/Path (Sr;RMY;/ 7,892 31,689 40;000 40,000 50;000.. 31 5445 Supportive Shared Housing (COTS) 167,244 124,306 0 0 107;4r30 : 32 Subtotal Transitional Housing 1.75,136 155,995 40,000 40,000 = ]57,400.; s , 33 :1~~i~~;t=yr' ~~~P ~,,:';x%;i,::'` ~:r"~-<'>;'-~saa..ns::: ~ 34 5432 Old Elm Village (BH) 71,000 143,012 405-,800 20,000 386,800 35 8550 Low/Mod Existing Housing Support 27,884 28,185 29,400 29,400 29;400 36 5465 CPSP Area Housing (EDEN) 1,416 0 '1,262;850 50,000 ' 1,202;850:' 37 Subtotal Family Rentals 100;300 171,197 1,698,050 99,400 1,618,050:! City of Petaluma, California- Petaluma Community Developmeni'Commission _ 6/7/00 12:11 PM PCDC2000Propb2 PCDC detail 10 LOW &,MODERATE INCOME HOUSING FUND REVENUES AND EXPENDITURES FY 2000-01 PROPOSED BUDGET ' REVENUES AND EXPENDITURES BY PROJECT AREA FY 97-98 FY 98-99 FY 99-00 FY 99-00 ' FY 00-01 Actual. Actual Budget Revised Proposed 38 y~71t~`4~Tt~~~E~gBa ~a`~''~i' :'<g'• 39 5431 Vallejo Street Phase 11 (PEP) 323,548 0 0 0 D ' 40 5444 Mobile Home Rerit+Control 1;928 30 2,000 0 2;000 41` 5450 Salishan;Apartmerits 7,214 .0 0 ~0 0'' 42 5466 Edith St. Senior Apts (PEP) 310,156 84,786 290,000 469,700 436;164 ' 43 5471 Vihtage Chateau Publio'Improvements 0 ~ 0 0 0 0' 44 5474 Douglas Street SeniorPtojech(PEP) 0 0 0 0 236;000'< d5 Subtotal Senior Projects 642,846 84;816 292,000 469,700 673;164 46 iEh~D1AtIl~shltt~E1~il~tltitation I~tsr+~~an~:„, ~ 47 5429 Wisteria (NEH) 0 0 0 0 ' 0 48 5437 Mortgage Certificate Program; 0 0 ~ 2;500 0 2;500:: 49 5438 URM L!M'Income Housing Rehab 0 0 200,000 0 ' 0 50 5467 Belovv Market Rate Admin. (BHDC) 20;000 0 0 0 tS ' S1 5459 "Christmas In April" HiiusirigRehab 15;280 23,930 25;000 60,000 60;000 53 Subtotal Homeownershi /Rehabilitation 35,280 23,930 227,500 60,000 62;600< 54 C~ljui•J°.?y~#;a~~~a~l€~t't E'+~;!`~i~~s f~, ~ 42 5453 McNear Park SeniiirQpts (PEP) 0 0 0 0 25!000 'S5 5469 Neighborhood Revitalization 0 6;004 182,300 75,000 107;300 56 5470 Low/Nlod Dsaster~Recovery`Program 0 10;337• 85,000 .2,000 20;000 57 Subtotal CommunrtyRe3italization 0 16;341 267,300 77,000 152,300 58 59 5401 HousingffProjects Management 146,740 169,790 199,400 199,400 25ti,750 60 Subtotal Administration ~ 146,740 169;790 199;400 199,400 256;760 69 62 TOTAL EXPENDITURES" 1;555,841 1,377;5.47 4;086,350 1,585,100 d,fi59;764 ' 63 Other (Sources) 8 Uses _ 64 EquityAdjusiments :Park Ln, IH, Salishan (165;640) 105;102 0 0 O i _ 66 67 TOTAL EXPENDITURES & ADJUSTMENTS 1,390;201 1,482,649 4,086,350 4_,585,100 4,558,764 68 69 ENDING FUNDS AVAILABLE 2,466;838 2,156,250 826,635 1,863,100 132;227 70 71 RESER_ VED FUNDS 72 Mobile Home RenYControl 13,956 15,846 11,277 77,746 18;000.- 73 Reserve for Land Acquisition 0 0 0 0 0 74 Unspecified Housing Projects 2;452,882 2;140,404 815,358 ':1,845,354 114;227 75 76 UNRESERVED FUNDS AVAILABLE 0 (0) 0 0 10 City of Petaluma; California -Petaluma Community Development Commission 6/7/00:12:11 PM PCDC2000Propb2 PCDGdetail 11 DEBT SERVICE FUND. REVENUES &.EXPENDITURES~ _ FY 2000-01 ..PROPOSED BUDGET - ` REVENUES AND EXPENDITURES BY PROJECT AREA FY 97-98 FY 98-99 FY 99-00 FY 99-00 FY 00-01 Actual Actual Budgei Revised Proposed DEBT SERVICE FUNDS REVENUES AND'TRANSFERS IN 1 Beginning,Reserves 795,701 755;757 775;663 775,663 $fl5138 2 Other Revenues 32,414 28,947 29,475 .29,475 6!900 3 Transfers in from Other Funds 611,297 851;704 1,280,894 1,280,894 2,353;602 4 5 TOTAL REVENUES AND TRANSFERS IN 1,439,412 1,636,408 2,086,032. 2,086,032 3,166;640 6 7 EXPENDITURES AND TRANSFERS OUT 8 9 Detit Service f?aymenis 683,655 860,745 1,280,894 1,280,894 2,363;602'?. 10 Transfers Oufto Other Funds 0 0 0 0 639;638 11 Reserves for Debt Service 755,757 775,663 805,138 805,138 172;600 12 13 TOTAL EXPENDITURES AND TRANFERS OUT 1,439,41.2 1,636,408 2,08@,032 2,086,032 3,166;fi40 City of Petaluma, California -Petaluma Community Development Commission 6/7/00 12:11 PM PCDC2000Propb2 PCDC detail 12 _ DEBT SERVICE FUND " REVENUES.B EXPENDITURES ' FY 2000-01 PROPOSED BUDGET REVENUES AND,EXPENDITURES BY PROJECT AREA FY 97-98 FY 98-99 FY 99-00 FY 99-00 FY 00-01 Actual Actual Budge4 Revised Proposed DEBT SERVICE 1 BEGINNING DEBT SERVICE RESERVE - 795,701 755,757 775,663 775,663 805;138 ! ~ . 2 3 REVENUES AND-TRANSFERS:IN 4 Interest Earnings 32,414 28,947 29,475 29,475 6;90D 5 New 2000;Borid Proceeds 0 0 0 0 0 6 TOTAL. REVENUES 32;414 28,947 29;475 29,475 6;900'.. 7 8 TRANSFERS IN 611,297 851,704 1,;280;894, 1,280,894 2;363,602 9 10 TOTAL REVENUES AND TRANSFERS IN 1,439;412'. 1,636,408 .2;086;032 2,086,032 3,165;640, 11 12 EXPENDITURES AND TRANSFERS OUT 13 14 8608 1992A Tax Allocation Bonds 424,029 424,891 428;894 428,894 429;006 15 8607 1984 Tax Allocation Bonds 138;876 130,210 135,000 135,000 135;800 ' ' 16 8609 AD #19 Auto;:Flaza'(Putilc Imp:) :120;750: 118,579 120;000 120,000 123;000 f` 17 8611 Auto PIaza,Note (Benson Land Repay) 0 183,475 597;000 597,000 529;614 ` 18 8612 New Tax Allocation:Bonds (TAB) 0 , 0 0 0 1,13fi,282 ' - 19 8612 New TAB{cost of Issuance 0 3,590 0, 0 0 20 TOTAL EXPENDITURES ~ 683;655 860,745 1,280;894 1,280,894 ' 2,353;602: 21 22 TRANSFERS-OUT 0 0 0 0 639,638 23 24 25 TOTALEXPENDITURES ANDTRANSFERS OUT 683;655 860,745 1,280;894 1,280,894 2,993;140 26, 27 28 ENDING FUNDS AVAILABLE 755,757 775,663 805,138 805,138 172,600 29 30 RESERVED FUNDS 31 For 1984 Bond 171,552 176,735 172,500 172,500 172,600 32 For 1992 Bond Refunding 584;205 598;928 632,638 632,638 fl 33 For New TAB Bonds 0 0 0 0 0 34 _ 35 UNRESERVED FUNDS AVAILABLE 0 0 0 0' 0 City of;Petaluma, California -Petaluma Community Development Commission 6/7/00 12:11 PM PCDC2000Propb2 PCDC detail 13