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Agenda Bill 5.A-PCDC 03/15/2004
r CITY OF PETALUMA, CALIFORNIA Petaluma Community Development Commission • Ti Page 1 AGENDA BILE Ma rch 1, 2� Agenda'Title Meeting Date March 15, 2004 Discussion and Action Regarding PCDC FY 2003 -04 Mid -Year Financial Forecast and Budget Adjustments Meeting Time X 3 :00 PM ❑ 7:00 PM Category (check one) ❑ Consent Calendar ❑ Public Hearing ❑ New Business X Unfinished Business ❑ Presentation Department Director- Contact Person Phone Number Redevelopment Paul. Marange'lla � Paul Marangella 778 -4581 .. Cost Proposal Account Number Various CBD Funds 3300, 5510: $1,432,174. Net Change Name of Fund: PCD Funds 3400, 5520: ($4,492,912) Net Change PCDC Funds 3300, 5510, 3400, Housing Fund 2130: $ 323,137 Net Change 5520, 2130, 4510, 4610, 4620, 4630, Debt Svc Funds 4510, 4610 -50: $ 15,900 Net Change 4650 Total Expenditures $32,032,704 (Combined PCDC Funds) Attachments to Agenda Packet Item I. Resolution Approving Adjustments to the FY 2003 -04 PCDC Budget IL FY 2003 -034 Mid -Year Financial Forecast Explanation'of Adjustments & Line -Item Detail Summary Statement The PCDC Mid -Year Financial Forecast indicates that the overall priorities of the Petaluma Community Development Commission reflected in Redevelopment Funds (3300, 5510, 3400, 5520, 2130, 4510, 4610, 4620, 4630, 4650) in the FY 2003 -04 work plan can be accomplished. Several highlights are noteworthy, including: Tax Revenue: Property Tax Increment projections are consistent with the approved budget and are therefore unchanged. Proceeds of Bonds: An additional $7.8 million in Tax Allocation Bond revenue was made available due to favorable bond market conditions. Capital Projects: All capital projects are on track, and several additional projects are requested. Attachment II contains the account detail for each line -item, including proposed revisions to the FY 2003' =04 PCDC Budget. Recommended City Council.,Action /Suggested Motion Adopt the attached resolution approving adjustments to the FY 2003 -04 PCDC Budget. Reviewed by Finance Director: - Reviewed by City Attorney Approved A),y, City Man a er: Date: Dater Date: Today's .Date Revision # and Date Revised: File Code: # March 9, 2004 • Ti Page 1 CITY OF PETA L.UMA, CALIFORN Petaluma Community Development'Cornmission March 15, 2004 AGENDA,REPORT FOR DISCUSSION AND ACT'I'ON REGARDING PCDC FY 2003 -04 NI ID -YEAR FINANCIAL FO RECAST & 'BUDGET ADJUSTMENTS 1. EXECUTIVE SUMMARY The PCDC Mid -Year Financial' Forecast indicates ;that the overall priorities of the Petaluma Community Development Commission reflected in Redevelopment Funds (3300, 5510, 3400, 5520, 2130, 4510, 4610, 4620 4630, 465:0) in the FY 2003 -04 work plan can be accomplished. Several highlights are noteworthy, including: Tax Revenue: Property Tax, Increment projections are consistent with the approved budget and are unchanged in the PCD Project Area and only slightly increased in the CBD Project Area. Proceeds of Bonds: An additional $7.8 million in Tax Allocation Bond revenue was made available to favorable bond, market conditions. Capital Project Expenditures:, All capital projects are on track, and several additional projects are requested; including $3 million in road improvements. Attachment II contains the account detail for each line - item, including proposed revisions to the FY 2003 -04 PCDC Budget. 2. BACKGROUND The FY 2003 -04 PCDC Budget was adopted on June 16, 2003. As part of the PCDC's financial oversight function, a mid -year review of the agency's financial condition is performed. Each revenue and expenditure account within the agency's ten funds is examined with the intention of determining if any corrections or adjustments are necessary -. Attachment I1 reflects all of the recommended mid -year financial adjustments to the PCDC funds. The PCDC Mid -Year Financial Forecast indicates that the overall priorities of the Petaluma Community Development Commission reflected in Redevelopment Funds (3300, 5510, 3400, 5520, 2130, 4510, 4610, 4620, 4630, .4650) in the FY 2003 -04 work plan can be accomplished. Significant changes are noted below, by fund. r� Page 2 Central Business; District Proiect A -rea. Funds 0300, 5510) ® Revenues: Property Tax Increment is projected to 6% higher or +$36,331„ based on remittances from the. County. Pay parking revenue was reduced, !by - $'14`5,000 due to the failure to establish, a property related fee to downtown properties to pay for the maintenance and security of °the, Keller Street Garage. COD FY 2003 -04 FY 2003 -04' Adopted Adjusted- Increase / .Bud et Budget (Deerease) Revenues $710,400 $606 -($103 • Loans: An 'increase in the loan from the PCD Project Area Fund to the, CBE). Project .Area Fund is, necessary'to recognize the increase in appropriations for capital proj ects. GBD FY 2003 , - , 04 7 . FY 2003 -04 Adopted Adjusted Increase/ Budget Budget (Decrease Loans $13;918,056 $15,453,899 $1,535,843 ® Appropriations /Capital Projects: A detailed list of recommended adjustments'. is included in Attachment 11. However, this will summarize the most significant changes: These include General Plan Administration: An additional $29 is required for the: traffic engineering for the Copeland /Washington Street roundabout. This includes funding for a visual simulation. ZTRM: 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 decrease 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: 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 and Pa ran. Street, including stripping m plans. Page 3 ' Trestle Engineering: An additional $125,00.0. 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. CBD FY 2003 -04 hY' 2003 -04 Adopted Adjusted Increase/ Budget Bud et (Decrease) Expenditures $14,925,300 $16;357;474 $1,432,1.74 and "Transfers $40,464,400 $49,694,620 $9,230,220 Petaluma Coriirnuriity. Development Pf(deet Area Funds (3400, 5520 ® _ Financing /Revenues:- • Property Tax Increment is accruing as originally projected in the Adopted Budget. Interest earrings are .increased'by $520,000 to reflect a'higher cash balance resulting from the issuance of Tax ,Allocation. Bonds (TABs). Additional interfund loan interest earnings of $80 projected due to a higher loan amount. With regard to Gross Bond Proceeds, an 'increase of 58,630,000 is included to reflect the higher amount of bond proceeds received from the 2004 TABS. The total gross proceeds were $23,630,000. PCD FY 2003 -04 FY 2003 -04 Adopted. Adjusted Increase/ Budget Budget Decrease Total Financ $40,464,400 $49,694,620 $9,230,220 ® Appropriations /Inter4und Loans /Transfers /Capital Projects: A detailed list , of.recoinmended adjustments is included in Attachment II. However, this will summarize the most significant changes. These include: • ® Cost of Issuance for TABs:. The cost of issuance; of +$788,138 is reflected in a line, item, resulting in a net proceeds of $12,841,862. ; ® PCDCProject Area Merger Study: $10,000 is appropriated for a study by Seifel Consulting to determine the feasibility of merging the two PCDC project areas. ® Senate Bill (SB) 2557 Collection' Fee: The fee is estimated to increase by $29,26;6 based on property tax collection: (This fee is calculated as a % of property tax allocations.) Page 4 ■ Kenilworth Appraisal: $25,000 is appropriated to pay for the cost of an appraisal of the Kenilworth, property. ■ .Assembly .Bill (AB) 1768 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 required for the stud* and follow -on materials. ® LOK''Petaluma.Marina Hotel: An appropriation of $116,000 for legal and. financial services, is required in connection with the Owners Participation. Agreement (OPA) amendment: ■ Auto Plaza Project: An additional $05,000 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 "iinprovements 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 7$760,550 is included for a total line -item appropriation of $3,5 65;650: ■ Brownfelds EPA Study: An appropriation of`'$5',000 is required to pay for specialized services.in connection with EPA grant application. Road/Streetscape Improvements $3,000 'is appropriated for street reconstruction in the project area. ■ Utility Undergrounding. Studies: An appropriation of $50,000 is required for specialized underground utility ; studi'es 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 Out to Debt Service'Fund: A'reduction of = $61.5,064 is included due to lower interest payment for the first year of the 2004 TAB. ■ Interfund Loan to CBD Fund: The loan amount projected by the end of the fiscal year is $15,453,899. PCD FY 2003 =04 FY 2003 -04. Adopted Adjusted Increase / Budget; Bud et> ( Dec"rease) - Expenditures Transfers & $24;680 ;856 $29;418,164 $4,737,308 Loans Low Moderate Ineolme; Hou`sil1e Fund 2 °130 Y Revenues &. Cash. Balance: The 20 % set -aside from the property tax increment has 'increased. by $:117,528 as per County remittances: Interest revenue is projected to increase by $15,000 due to a higher than anticipated cash balance. With respect to Charges for Services; .$12 has been reclas :sifted from Other" Revenues ;while.lntergover=ent'al Revenue will have a decrease. of - $ 108;000 along with a $100,0.00 reduction in costs for the Underground Tank Page 5 Monitoring Program. In. Other Revenues, a reduction of $2,650' is anticipated along with the decrease $12,3501hat is being reclassified to Charges for Services. 'Low & FY 2003 -04 FY 2003 -04 Moderate Adopted. Adjusted Increase/ Income Budget Budget (Decrease) Housin Fund Total $1,608,950 $1,953,965 $345,015 Financing $2,981,549 $3,003,427 $21,878 • Appropriations /Capital Projects: A detailed list of recommended adjustments is included in attachment Il. However, this will summarize the most significant changes. These include: • • Underground Tank Monitoring: A reduction of $100,000 is anticipated due to .less_ time required for 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. • S'B 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 -from the original budget. • Ending Cash Balance: A year -end cash balance of $1,049,442 is projected. Low & FY 2003 -04 FY .2003 -04 Moderate Adopted Adjusted Increase/ Income Budget Budget (Decrease) Ilousin Fund , Expenditures $1,608,950 $1,953,965 $345,015 3. 4. A resolution approving the adjustments is attached for the Commission's consideration. ALTERNATIVES Approve or modify the recommended adjustments as appropriate. FINANCIAL IMPACTS The net impact to the.PCDC Funds, including the proposed adjustments, is as follows: • CBD Funds 3300, 5510 • PCD Funds 3400 5520 • Housing Fund 2130 • Debt Svc Funds 4510, 4610.50 $1,432,714 Net Change ($4,492,912) Net Change $ 323,137 Net Change $ 15,900 . Net Change Page 6 The net impact takes into account all changes to both revenue and appropriations as they are reflected iri the FY 2003 -04 year -end available fund balances. 5. CONCLUSION Adjustments to the FY 2003 -04 Budget are proposed for the PCDC's consideration. The overall net impact of the adjustments is to reflect current conditions with respect to accelerating capital improvement projects. All of the FY '2003-04 projects remain funded: Please note that the expenditure of these funds is consistent with thei implementation of projects included -in the PCDC's "Five -Year Implementation Plan." G. OUTCOMES OR PERFORMANCE MEASUREMENTS THAT WILL IDENTIFY SUCCESS OR COMPLETION` Project appropriations and revenues are expended or realized according to the Five -Year Implementation Plan. 7. RECOMMENDATION It is recommended that the Petaluma Community Development Commission adopt, the resolution found in Attachment I, authorizing the proposed adjustments to the FY 20.03 -04 PCDC Budget as detailed in Attachment IL 0 Page 7 f. Attachment I Resolutlon Petaluma Community Development Commission Authorizing Adjustments to 0 • Page 8 RESOLUTION # 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 a mid -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. Adopted this 15th day of March, 2004 by the following vote; Commissioner Aye No Absent Glass Harris Healy Moynihan O'Brien Thompson Torliatt - David Glass, Chairperson ATTEST: is Recording Secretary Page 9 Attachment II Mid -Year Financial Forecast (Explanation of Adjustments & Line -Item Detail) • Page 10 FY 2003 -04 PCDC Mid -Year Financial Forecast k e ..following details the proposed changes - to the Petaluma Community Development Commission FY 2003 -04 Budget originally adopted on June 16 2001' The changes are reflected in the budget detail worksheets in Attachment II. Central' Business District Proiect Area Funds (3300 SS1O): • 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,projecied 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'$15453,899 is required from the PCD Project Area Fund in order to accomplish the CBD capital projects. • SB -2557 Collection Fees: Fee&'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 sirimulation._ • URM: An additional $14;0,000 i`s, 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 .$5,353'19 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 he 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 asr parking(street /curb paving, garbage /transformer enclosure; under grounding of utilities, hardscape around depot, and preliminary landscaping. Community Development .Project Area Funds (3400,5520) a Beginning Available Cash Balance After the completion of the 'annual audit, the FY 2003 -04 Beginning Cash Balance was $6,550,885. e 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. a Gross Bond Proceeds- An increase of $8,630,000 is included to ,reflect the higher amount of n g bond proceeds received from ihe2004 TABs. The total gross proceeds were $23,630,000. Page 11 • 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. $788,1,38 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,feasibil `ty of merging the two. PCDC ,projecf areas. • SB 2557 Collection Fee: The fee is estimated 4o increase by $29,2661 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 17.68 ERAF Shift to State: $512,64.1 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 ma te ri als. • 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. • Brownfi'elds .EPA Study:. An appropriation of $5,000 is required to pay for' specialized services i_ connection with an EP A grant application. • Road/Streetseape 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.anticipationof street improvements. • Caulfield Extension: A decrease in appropri ation of $50;000 is recommended.:due� to developer paid engineering instead of PCDC paid engineering. • Transfer Out to Debt Service Fund: A 'reduction of - $615,064 is included due to, ;a, lower interest payment for the first year of the 2004 TAB. • Interfund. Loan to CEO Fund: The loan amount projected bythe end of the fiscal year is $15,453,899. L w & Moderate. income Housing Funtd'(21 °3.0): • 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 asrper County remittances. • Interest Revenue: An inncrease of $1.5,000,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 512,35.0- to: Charges for Service's and a decrease of $2 is anticipated. ® Nei h RevMonitorin A reduction of$1�00 000 is p lessre uired monitoring. 0 Underground Tank Mom g: ,, anticipated due to q_ 'g on: An_mcrease of $15.0,000 is recommended for improvements in the Payran area, including stree'tscape /sidewalk revitalization. Page 12 ® Lieb Senior Apartments An additional $300,000 is required to cover additional new construction costs. ® 8B..2557 County Collection Fee:i The Housing Fund has been allocated a share of the collection costs and administration by the Countyfor 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. v Page 13 FUNDS 3301f REVENUES AND EXPENDITURES BY PROJECT AREA CENTRAL BUSINESS DISTRIC'*JECT AREA REVENUES & EXPENDITURES FY 2003 -04 BUDGET & FIVE -YEAR FORECAST - FY 00 -01 FY 01 -02 _ FY 02 -03 Actual Actual Actual Increase/ FY 04.05 FY 05 -06 FY 06 -07 FY 07 -08 FY 2003 -04 to F: (Decrease) Projected Projected Projected Projected FY 2007 -08 32 CENTRAL BUSINESS DISTRICT PROJECT AREA e 16 844 - ,'A6'844' 0 BEGINNING CASH, REVENUES, TRANSFERS IN AND INTERFUND LOAN 1 ' (0) 2 Beginning Cash Balance 241 3 Property Tax Increment Revenue 485,028 4 Other Revenues 15,898 5 Property Owner Contributions 0 6 Transfers In 1 7 Bond'Proceeds. 0 8 Interfund Loan from PCDC-902 0. 9 TOTAL CASH,;REVENUES, TRANSFERS IN, LOAN. 503;098 10 0 0 11 EXPENDITURES AND TRANSFERS OUT 0 0 12 .Administration - 194,914 13 Program Expenditures 150 14 Loans - p 15 Interest 0 16 Pass-Through Payments 0 17 Capital Improvement. Projects 2,002 18 Transfer out to Housing Fund 97,768 19 Transfer out to Debt'Service Fund 489 20 Transfer out to General Fund for Security Patrol - 25,000 21 Reserves for Future. Projects '0 22 TOTAL EXPENDITURES, TRANSFERS OUT 470,917 23 CHANGE IN ASSETS /LIABILITIES (32,149) 24 25 ENDING CASH BALANCE 72 32 2,347 e 16 844 - ,'A6'844' 0 0 0 (0) (0) 16,844 531;536 638,207 543 400 579 731.1 36,331 616,759 700,021 794,524 901,785 3,592;821 16,935 15,424. 167000`'° 27000x% (140,000) 168,500 170,000 170 170,500 706;500 0 0 29:649?�0 '::0 280 0 0 2,415,000 0 0 2,415,000 0 0 0 000 280 000` 4 OP 0 0 0 0 0 0 0 4,740,000 0 280,000 0 a 7 0 '' c k 0 4.740.000 2;292,000 13 918 056 15 453 899 ` 1,535,843 10;739;605 6541 908 19,256 4,604,573 37 439241 548,503 2,977,627 ' 14,925300 6357,7 1,432 11,524;864 9,826,930 5,724 5,756;858 49;190;406 173;866 191,463 0 0 0 608,339 106,784 48,600 25,000 0 425,182 340;617 0 12;376 14,670 1,485 135 127,642 129,900 0 0 1,154,052 2,535,522 607,896 425,261 2,347 16,844 1,432,174 11,524,864 9,826,930 5,724,280 5,756,858 -49,190,406 0 0 0 (0) (0) 0 0 City of Petaluma, California - Petaluma Community Development Commission 31;300 625;3.4,1 647,666 140,000 287,000. 287;000 (200,000) 200;000 100;000 80220 621,106 .996,993 5;354 34,600 39;271 1,375,300 9,617,816 7,620,000 0 0 0 0 139 136,000 0 0 0 0 0 0 669,748 695634 3,380,290 247;000 247,000 1,598;500 0 0 400';000 1;225;959 1,226;633 4,150,912 44,573 50;590 201;588 3,000 3,000,000. 37,971 0 0 0 537,000 537,000 1,488;000 0 0 0 0 0 0 319/2004 2:47 PM PCDC Midyear Budget Final 3- 9- 04.XLS PCDC detail 1 CENTRAL BUSINESS DISTRICT PROJECT AREA REVENUES & EXPENDITURES FY 2003 =04 BUDGET & FIVE -YEAR FORECAST REVENUES AND EXPENDITURES BY PROJECT AREA CENTRAL BUSINESS. DISTRICT`PROJFCT AREA 1 FY 04 -05 Projected FY 05 -06 Projected 2 BEG_ INNING CASH BALANCE 241 9 0 0 4 REVENUES (0) 5 41110 Property Tax Increment 485,028 6 43410 <Interest''Eamings 4,438 7 _ 48010 Miscellaneous Revenue 365 8 42420, Parking Lot Revenue 11,095 .9 48010' .Property Owner .Cont ributions 0 10 TOTAL REVENUES 500,926 11 0 (145,000) 12 TRANSFERSIN 167,000 13 Transfer in Net Bond Proceeds 2006 TABS 0 14 Transfer In 1,931 15 INTERFRUND.LOAN FROMFUND 902• 0 16 TOTAL .CASH,. REVENUES AND TRANSFERS IN 503;098 17 0 0 18 EXPENDITURES 31;300 19 pAdtliinbil7ation ,���„,.` , :atb.� ,,..: 669,748 20 P20100 Project Administration 67;684 21 C20020 Basset StreetRemodel 0 22 CBD Plan AmendmeM'(Seifel #1) 104;034 23 54350 SB -2557 Co: Collection; Fee 8,936' 24 lntragovemmental 14,261 25 General :plan Administration 0 26 Subtotal Administratjom 194;914 27 28 �Pcogram Ezpenditut� z% 0 29 Central PetalLima `Specific Plan 0 30 P20107 URM.:Project 3;613 31 P20102 Petaluma, Downtown Assoc. 73,936 32 P20104 Street Tree Maintenance 0 167,000 Special Projects 167,000. 33 Downtown. Security 1,633 34 Sidewalk Maintenance. 0 35 P20105 Parking - Garage Maint/Security 28;491 36 P20101 CBD Loans B. Assessment Credits 38,441, 37 0201060 Plaza;Re-slroom'.Maintenance 4,630 38 SubtotaF..'Program Expenditures 150.744 191,463 Increase/ (Decrease) FY 04 -05 Projected FY 05 -06 Projected • FY 06 -07 Projected FY 07 -08 Projected FY 2003-04 to FY 2007 -08 0 0 0 (0) (0) 16;844 36,331 616 700,021 794,524 901,785 3;592,821 5,000 1,500 3;000 3 3500 16;500 0 0 0 0 0 0 (145,000) 167,000 167,000 167,000 167,000 690;000 0 0 2;415,000 0 0 2.415.000 0 0 1,535,843 0 0 10;739;605 0 0 6,541,908 4,740,000 0 19,256 0 0 4,684,573 4,740,000 280,000 37,439 1,535,843 11,524,864 9 5,724;280 5,756;858 49;190;406 0 587,821 605,456 623,619 642.3 28 3,029;924 0 0 0 0 0 0 0 0 0 0 `,0 0 2,300 12,520 14,210 16 18,306 72;966 0 25;000 28;000 30';000 35,000 139.000 29,000 ' 0 0 ' 0 0 138;460 31;300 625 647,666 669,748 695;634 - 3,380,290 0 0 0 0 0 0 140,000 50;000 50,000 10,000 10,000 335,000 0 70,000. 70,000 70,000 70,000 390,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 167,000 167,000 167,000. 167,000 835,000 0 0 _ 0 0 0 38;500 0 0 0 0 0 0 140;000 287,000 287;000 247,000 247;000 1,598,500 City of;Petaluma,'Califomia;- Petaluma Community Development. Commission FY 00 -01 FY 01 -02 FY 02 -03 Actual Actual Actual 32 2,347 531;536 638,207 2,498 5;268 a 1;079 0 13,358 10;156 i 0 0' 0 6 0 2.292.000 548;503 78,798 0 4;021 •6;647 25 59,000 242,366 15,000 8.853 •9,213, .40,350 109,400 A 73;866 425;182 0 215 30,663 109;689 70,000 110,000 0 14,548 0 0 10,000 0 40;205 69,516' 38;531 36,222 2;064 427 3/9/2004 20PCDC Midyear Budget Final 3.9- 04.XLS PCDC detail 2 � • REVENUES AND EXPENDITURES BY PROJECT AREA FY 00 -01 FY 01 -02 Actual Actual 0 0 0 0 0 0 0 291,391 13,225 0 0 0 0 303,723 608,339 973,668 106,784 25,000 0 0 72 Subtotal Transfers °Out 123,257 180,384 73 TOTAL ,EXPENDITURES'B TRANSFERS OUT 470,917 1,154,052 75 CHANGE IN ASSETS /LIABILITIES' (32,149) 607,896 76 77 ENDING CASH BALANCE 32 2,347 84 85 CUMMULATIVE,INTERFUND LOAN FROM PCD PROJECT AREA 91,350 481,950 621 ,106 996,993 1,225,959 1,226,633 4,150,912 201 0x 0 -' 0 0 0 0 0 0 0 0 0 0 2,205,000 0 0 2,205,000 0 0 X25000' 25,000 0 0 0 0 25.000 0 I 1 0 0 0 0 2,415,000 0 0 2,415,000 0 3 "0 0. 0 0 0 0 0 0 858;557 0' 0 0 - 0 0 0 228,233 { 5 755 000 ? t 5 755,000 0.. 800;000 0 0 0 6,555,000' e� 0 0 '03r, ; s 100 000 100;000 0 3,000,000 3,000,000 3,000,000 9;100,000 173,580 4 717 000 4 T17 000 0 2,829,816 0 0 0 7,546,816 0 0 125 000 125,000 0 0 0 0 125,000 55,990 1429300' 1,125 800;000 0 0 0 2,229,300 168 '� ,, 2 582 D00 2,582;000y 0 5 188 000 0 0 0 7 1,485,135 13,358000 - 14733;300' -' 1,375,300 9,617,816 7,620,000 3,000,000 3,000,000 37,971',116' 2,277,980 14;786300 16218474,' 1,432,174 11,385,864 9.690,930 5,187,280 5;219;858 47,702,406 127,642 0 0 0 0 0 A 0' -xOz - _ 0 0 0 0' 0 0 0 r s.0 0 0 0 0 0 '0. 0 .x" �'0� 0 0 0. 400,000 400,000 800,000 129,900.'139, OAt 139,000: 0 139,000 136;000' 137,000 137 688 257;542 74 tA39000' 139000 "s 0 139,000 136,000 537;000 537 1,488,000 4W1 1 £ 2,535,522 ` 14,925 300 �16,357,47�4 1,432,174 1.1,524864 9,826 5 724280 5 49.190 425.261 0 x c � ylrf* 3 ��✓ �rC d a 16,844 „0 0 0 (0) (0) 0 0 2,292,000 16226900 ',,' 17745 ;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 3/912004 2:47 PM PCDC Midyear Budget Final 3- 9- 04.XLS PCDC detail 3 CENTRAL BUSINESS DISTRICT PROJECT AREA CENTRAL BUSINESS DISTRICT PROJECT AREA 39 Loans% 40 P201010 Storefront. Improvement Loan. Program C 41 FY 02 -03 FY'03.04 i• FY 03 -04' ;' ". Increase/ FY 04 -05 FY 05 -06 FY 06 -07 FY 07 -08 FY 2003 -04 to 42 Irftere`st Forecast'. 43 P201010 Interest on Interfund Loan C 44 0 400.000 45 Pass Through'Payments "� 46 Passlhrough Payments to Others, C 47 ae Capital t mye,maftt Projects 49 C20010Caulfield Extension C 50 Downtown Parking .Structure C Washington Street Improvements C 51. PoultryStreet Extension C 52 P202400 Underground Tank Monitor 2,002 '53 C20010 Parking Garage'Improvements C 54 C200603 Downtown Improvements Phase I C 55 C200304 Road /Streetscapeimprov C 56 C200703 Cent. Pet. Specific Plan Theater District C Trestle Engineering C 57 C200303 Petaluma Railroad Depot Restoration 0 58 C200503 Water Street/Tuming Basin lmprovments C 59 Subtotal Capital Improvements Projects 2,002 60 61 TOTAL EXPENDITURES 347;660 62 63 TRANSFERS OUT 64 Transfers out to Low /Mod Housing Fund 903 97,768 65 Transfers out to Gen Fund for Foot Patrol Services 25,000 66 Transfers out to Debt Service: 1984 TAB 0 69 Transfers out to Debt Service: 2006A TAB 0 70 71 Transfers out to Debt Service: 20008 TAB - 489 0 0 0 0 0 0 0 291,391 13,225 0 0 0 0 303,723 608,339 973,668 106,784 25,000 0 0 72 Subtotal Transfers °Out 123,257 180,384 73 TOTAL ,EXPENDITURES'B TRANSFERS OUT 470,917 1,154,052 75 CHANGE IN ASSETS /LIABILITIES' (32,149) 607,896 76 77 ENDING CASH BALANCE 32 2,347 84 85 CUMMULATIVE,INTERFUND LOAN FROM PCD PROJECT AREA 91,350 481,950 621 ,106 996,993 1,225,959 1,226,633 4,150,912 201 0x 0 -' 0 0 0 0 0 0 0 0 0 0 2,205,000 0 0 2,205,000 0 0 X25000' 25,000 0 0 0 0 25.000 0 I 1 0 0 0 0 2,415,000 0 0 2,415,000 0 3 "0 0. 0 0 0 0 0 0 858;557 0' 0 0 - 0 0 0 228,233 { 5 755 000 ? t 5 755,000 0.. 800;000 0 0 0 6,555,000' e� 0 0 '03r, ; s 100 000 100;000 0 3,000,000 3,000,000 3,000,000 9;100,000 173,580 4 717 000 4 T17 000 0 2,829,816 0 0 0 7,546,816 0 0 125 000 125,000 0 0 0 0 125,000 55,990 1429300' 1,125 800;000 0 0 0 2,229,300 168 '� ,, 2 582 D00 2,582;000y 0 5 188 000 0 0 0 7 1,485,135 13,358000 - 14733;300' -' 1,375,300 9,617,816 7,620,000 3,000,000 3,000,000 37,971',116' 2,277,980 14;786300 16218474,' 1,432,174 11,385,864 9.690,930 5,187,280 5;219;858 47,702,406 127,642 0 0 0 0 0 A 0' -xOz - _ 0 0 0 0' 0 0 0 r s.0 0 0 0 0 0 '0. 0 .x" �'0� 0 0 0. 400,000 400,000 800,000 129,900.'139, OAt 139,000: 0 139,000 136;000' 137,000 137 688 257;542 74 tA39000' 139000 "s 0 139,000 136,000 537;000 537 1,488,000 4W1 1 £ 2,535,522 ` 14,925 300 �16,357,47�4 1,432,174 1.1,524864 9,826 5 724280 5 49.190 425.261 0 x c � ylrf* 3 ��✓ �rC d a 16,844 „0 0 0 (0) (0) 0 0 2,292,000 16226900 ',,' 17745 ;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 3/912004 2:47 PM PCDC Midyear Budget Final 3- 9- 04.XLS PCDC detail 3 CENTRAL BUSINESS DISTRICT PROJECT AREA REVENUES &EXPENDITURES FY 2003 -04 BUDGET & FIVE -YEAR FORECAST FY 02 -03 FY'03.04 i• FY 03 -04' ;' ". Increase/ FY 04 -05 FY 05 -06 FY 06 -07 FY 07 -08 FY 2003 -04 to Actual Budget M1 ye ac" (Decrease) Projected Projected Projected Projected FY 2007 -08 Forecast'. 0 , „300,000_ a.q .,100,000-. (200,000) 200,000 100,000 0 0 400.000 0 0 0 0 0 0 0 291,391 13,225 0 0 0 0 303,723 608,339 973,668 106,784 25,000 0 0 72 Subtotal Transfers °Out 123,257 180,384 73 TOTAL ,EXPENDITURES'B TRANSFERS OUT 470,917 1,154,052 75 CHANGE IN ASSETS /LIABILITIES' (32,149) 607,896 76 77 ENDING CASH BALANCE 32 2,347 84 85 CUMMULATIVE,INTERFUND LOAN FROM PCD PROJECT AREA 91,350 481,950 621 ,106 996,993 1,225,959 1,226,633 4,150,912 201 0x 0 -' 0 0 0 0 0 0 0 0 0 0 2,205,000 0 0 2,205,000 0 0 X25000' 25,000 0 0 0 0 25.000 0 I 1 0 0 0 0 2,415,000 0 0 2,415,000 0 3 "0 0. 0 0 0 0 0 0 858;557 0' 0 0 - 0 0 0 228,233 { 5 755 000 ? t 5 755,000 0.. 800;000 0 0 0 6,555,000' e� 0 0 '03r, ; s 100 000 100;000 0 3,000,000 3,000,000 3,000,000 9;100,000 173,580 4 717 000 4 T17 000 0 2,829,816 0 0 0 7,546,816 0 0 125 000 125,000 0 0 0 0 125,000 55,990 1429300' 1,125 800;000 0 0 0 2,229,300 168 '� ,, 2 582 D00 2,582;000y 0 5 188 000 0 0 0 7 1,485,135 13,358000 - 14733;300' -' 1,375,300 9,617,816 7,620,000 3,000,000 3,000,000 37,971',116' 2,277,980 14;786300 16218474,' 1,432,174 11,385,864 9.690,930 5,187,280 5;219;858 47,702,406 127,642 0 0 0 0 0 A 0' -xOz - _ 0 0 0 0' 0 0 0 r s.0 0 0 0 0 0 '0. 0 .x" �'0� 0 0 0. 400,000 400,000 800,000 129,900.'139, OAt 139,000: 0 139,000 136;000' 137,000 137 688 257;542 74 tA39000' 139000 "s 0 139,000 136,000 537;000 537 1,488,000 4W1 1 £ 2,535,522 ` 14,925 300 �16,357,47�4 1,432,174 1.1,524864 9,826 5 724280 5 49.190 425.261 0 x c � ylrf* 3 ��✓ �rC d a 16,844 „0 0 0 (0) (0) 0 0 2,292,000 16226900 ',,' 17745 ;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 3/912004 2:47 PM PCDC Midyear Budget Final 3- 9- 04.XLS PCDC detail 3 FUNDS .3400,5520 PETALUMA COMMUNITY DEVELOPMENT PROJECT AREA REVENUES & EXPENDITURES FY 2003 -04 BUDGET & FIVE -YEAR FORECAST REVENUES AND EXPENDITURES BY PROJECT AREA FY 00 -01 FY 01 -02 FY 02 -03 Actual Actual Actual Increase/ FY 04 -05 FY 05 -06 FY - 06 -07 FY 07 -08 FY 2003-04 to (Decrease) Projected Projected Projected Projected FY.2007.08 COMMUNITY DEVELOPMENT ROJECT AREA BEGINNING C REVENUES.AND TRANSFERS IN 1 Beginning Reserves 2 Beginning Cash Balance 3 Propertj Tax Increment Revenue 4 OIISer Revenues 5 Transfers ln:2004A Tax Ail' cation.Bond Proceeds 6 Transfers In: 2000A Tax. Allocation.Bond Proceeds 7 Other Transfers In 8 TOTAL CASH, REVENUES AND TRANSFERS IN 9 10 EXPENDITURES AND TRANSFERS OUT 11 Administration _ 12 Program Expenditures 13 Pass- ThrougtlPayrnents 14 Capital ImprovemenfProjects 15 Trah0ers,Out.to Other Funds 17 Transfers Outto Housing .Fund 903 18 Transfers Out to Debt Service Fund.904 19 Transfers;0utto TOT Fund 20 Transfers Out to Tra#ic Fund 21 Transfers Ouf_to Storm Drain Fund 210 22 Transfers Out to Marina, Fund': 607 24 TOTAL EXPENDITURES, TRANSFERS OUT 25 26 CHANGEiN ASSETS /LIABILITIES. 27 CURRENT INTERFUND LOAN TO PCDC901 26 29 'ENDING'CASH BALANCE 2 0 0 r` y � 0 � 0 0 0 0 0 0 0 573,280 1,828;322 1 4,490 474 16,252 950 � 252'95W* 0 20,276,456 7,832;514 894378 178,684 178,684 7;332,231'. 9,787,076 10,450315 "8911450 - 'r `'8911450 0 9,357;023 9,824 10,316;117 10,831,923 - 49,241,387 1,170 487336 3;863391 5r 3000004 900220 600,220 1,330,782 1,671,131 1;257;263 1,232;887 6,392;283 0 0 0 15 000 OO g 23 630;000 - ,...8,630,000 6 0 0 10,000,000 33;630000 59;241' 0 0 0 0 0 0 0. 0 407;358 0 O 0 0 0 0 0 0 11;552,270 12,102;734 28,804180 40464,400y "- '49694 9,230,220 30,964,261 19,328,519 12,467,758 22,243,494 89,442;353 iS} �. 1 356;784 662;207 1,085,452 ' ''g` 76605 &1'3 � 565 '2133 1 1,338,710 1,373,331. 1,409,461 1,447,169 7,701,602 63,620 108,378 103,724 + ;13600W341.000j 205,000 256,000 161.000 161,000 161 1,080;000 2,269;335 3,085,929 3 432620 650: (760;550) 3,793,425 3,983;096 4 4,391,364 19,915;786 91,191 133,219 250,221 '`1642000 ",4647000v 3,005,000 4,075,000 3,435,000 3,385,000 3,385,000 18,927,000 i k 0 0 1,395,572 1,873,665 1,990;651 � s .... >§� e "s' 0 0 0 0 0 0 2,991,923 2,346,800 2,140;000 a 1 3646550, 3037'486- (615,064) 2;929;005 2,939,805 - 3,132,105. 4 16,316,131 0 300,006 300000 0 0 00 0 '0 0 0 1,300;000 0 0 0 0 0 0 0 0 0% 1D'{ _ 0 0 0 0 0 0 52,500 _ 0. 54;000 .� x,246000, 0 0 0 0 0 246,000 7,240;925 8,516,218 10,542,559 7 107628008 139642_65' 3,201,465 12;392,141 11,892,233 12,269,818 13;668;263 64,186,719 381;920 372;079 '`- F ( ) ( ) (283,329) - rxt�`"4z 0 �� § 0- 0 0 0 0 0 0 91(350 481;950 .2;292;000 '13918056 95453899" 1,535,843 10,739,605 6,541,908 19,256 4,684';573 37,439;241 1,828,322 2,738,487 16,252,950 ,- ,,.15,763,544;;:x. 20 ,278;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 3/9/2004 20 PCDC Midyear Budget Final 3= 9- 04.XLS PCDC detail 4 0 0 PETALUMA COMMUNITY DEVELOFO PROJECT AREA REVENUES & EXPENDITURES FY 2003 -04 BUDGET & FIVE -YEAR FORECAST REVENUES AND EXPENDITURES BY PROJECT AREA FY 00 -01 FY 01 -02 FY 02 -03 FY' 0344 FY 03.04 Increase/ FY 04 -05 FY 05 -06 FY 06 -07 FY 07 -08 FY 2003 -04 to Actual Actual Actual Budget r cMidyear' (Decrease) Projected Projected Projected Projected FY 2007-08 r � 7. 3/9/2004 2:47 PMPCDC Midyear Budget Final 3- 9 -04ALS PCDC detail 5 COMMUNITY DEVELOPMENT PROJECT AREA Forecast, 1 Beginning Reserves for Projects 2,009;753 0 0, 0 0 0 0 0 2 BEGINNING CASH BALANCE 573;260 1,828,322 2,738,487 6,550 885 6 550 885.= 0 6,324,691 7,573,565 894,378 p 178,684 p 178 3 CASH WITH FISCAL AGENT (BOND PROCEEDS) 11,751,987 9;702 065 9 702,065 0 13 258,949 4 REVENUES 0 0 0 5 41110 Property Tax Increment 7,332,231: 9,787,076 10,450,315 8911 450 - 8 911 450;; 0 9,357,023 9,824,874 10,316,117 10,831,923 49,241,387 6 43410 Interest Earnings 1,00 . 3,995' 474,285 368,809 .:300 000, �. 820,000;; 520.000 709,676 274,138 31,303 6,254 1,&41,38 43410 Interest Earnings from Inlerfund Loan 0 0 12,376 0, ° =' 80;220 60,220 621,106 996,993 1.225,959 1,226,633 4,150;912 7 44310 Intergovernmental 0 0 3,482,118 0 0 400,000 0 0 400;000 8 48010 Miscellaneous Revenues 105;000 13,051 88 0` y 0 ;; 0 0 0 0 9 48010 Property Owners Contributions 61,4;12 0 0 f, _f; 0)s -a,OT 0 0 0 0 0 10 TOTAL REVENUES 8,502,638 10,274,412 14,313;706 7 9;211450 r} 9811670'•' 600,220 10,687,805 11,496,004 0 11,573 ;380 0 12,064,810 0 55,633;670 12 BOND PROCEEDS 13 49810 Gross 2000 Bond Proceeds 59;241 0 0 a, 1'C 0 `�' 7 0 0 0 0 14 49810 Gross Bond Proceeds 0 '0 0 15000 000.' 23 630 000 f' 8,630,000 0 0 0 0 0 10;000,000 0 33;630,000 18 Proceeds of 1992 407, 358 0 0� 0 0 0 0 0 - 0 0 0 0 0 17 - TOTAL BOND'PROCEEDS 466;599 0 0 15;000 000,E s; 23 630 000) 8;630,000 0 0 0 10,000,000 0- 33,630,000 18 19 a ' dt- 20 TOTAL CASH, REVENUES AND BOND PROCEEDS 9,542,517 12,102,734 26,804,180 40464 400 } - 49 694 620 ': 9,230;220 30,964,261 19,328,519 12,467,758 22,243,494 89,442,353. 21 EXPENDITURES t 22 zAtlmnlstraUon' 23 P201000 Project Administration 164,720 164,894 277,689 406800' 0 421,038 435,774 451 466,812 2,181,450 24 C200203 Bassett Street Remodel 0 0 10,490 0 =Or 0 . 25 Cost of Issuance for 2000 TABs 158 0 0 r* 0 788 0 0 0 0 0 26 PCD Plan ` �-" ' 788,138 0 0 0 0 788,137 Amendment (Seifel #4) 14,486 -0 0 r s•,, 0 10000"- 10,0000 10,OOp0 27 PCO TAB Fiscal Svcs (Seifel #3) 1,776 0 0.1 0 0 0 0 O 28 54350 SB -2557 County Collection Fee 102,954 121,563 145,650 X 124650 155950 31,300 Kenilworth Appraisal 0 0 e � .,� 0 �0 163,748 171,935 180,532 189,559 861,723' 29 Marina Hotel Stud Y' 20,106 0' r� 25 000<< 0 f " r 25,000' 0 0 0 0 25,000 30 Proj.Area Alternatives Analysis (Seifel#2) 534 0 0 0 0' 0 0 0 0 0 0 0 0 0 0 0 0 31 General Plan Update 0 186,000 109;400 k 109 400 109 400 0" 0 0 0 32 AB 1768 (ERAF) Shift to State of California 0 0 250;173 r 0 � ) 512 641 ' 0 109;399 • 33 Real Property Purchase (27 Howard) 0 0 1,250 512,641 520 520;000 520,000 520,000 2;592;640 - 34 Intragovemme Charge 52,050 189,750 "290;800 12520Q �'„`�, 125,200 0 0 0 0 0 0 - 0 35 SubfotalAd'ministration „'x 233;926 245,622 257,903 270;798 11133,447 n 356,784 662,207 1,085,452 �- 766050 ,- 2133129; 1,367,079 1,338:710 '1,373,331 1,409,461 1,447,169 7,701,797 36 37 Progiam ExpendiEutes t ' �. - 38 P20107(URMProjech 0 0 77 t ` / 1 000 '7"'A 0003 0 1,000 1,000 1,000 1,000 4;999 39 P20104( Landscape Improvements 38,530 83,335 73;866 k .100 000 100 600ik 0 100,000 100;000 100,000 100,000 499;999 40 P20109( Economic Development Promotion 0 0 0 ' :`; x5 000 5000,,? 0 5,000 5.000 5,000 5,000 24,999 City of Petaluma, California - Petaluma Community Development Commission 3/9/2004 2:47 PMPCDC Midyear Budget Final 3- 9 -04ALS PCDC detail 5 PETALUMA COMMUNITY DEVELOPMENT PROJECT AREA REVENUES 8 EXPENDITURES FY 2003-04 BUDGET & FIVE' -YEAR FORECAST REVENUES. AND EXPENDITURES BY PROJECT AREA 41, =Program Expendttures:(COnt3nued)' 42 P20109( Retail,Study (Leakage) 43 LOK,Petaluma Marina, Hotel OPA 44 P20103(Auto,P,laza Project 45 P20,101 Assessment_Credits 46 Subtotal Program Expenditures 48 Pass Through:Payments_ °, 49 Passthrough Payriients tobthers, 50 51 Capital Improvemeirt Profits '' r �# 52 Central'Pelaluma.Specific Plan 53 Corona Road Highway Improvements Brownfields' EPA : Studies Kenilworth/Fairgrounds 54 C20030 Road /Streetscape improv' 55 C20050'River Trail Enfiancement Utility Undergounding Studies 56 C20020 Gateway Lantlscaping & Capital Improvements 57 C20010, Caufield Extension 58 Subtotal Capital Improvement Projects 59 60 61 TOTAL EXPENDITURES FY 00 -01 Actual FY 01 -02 Actual FY 02 -03 FY 03 04 FY 03-04 Increase/ Actual Budgets MMyeai ? (Decre ase) Forecat� 4 FY 04.05 Projected FY 05 -06 Projected FY 06 -07 Projected FY 07 -08 Projected. FY 2003 -04 to FY 2007 -08 0 70;523 0 0 0 0 0 0 0 0 0 0 ky - i 0✓'%r ' Aoo,'000r 100,000 25,000 25,000 25 25;000 200;000 0 1,130 2,239 r s�0 ' 10 000 10000 0 0 0 0 10,000 1 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,�,2 „J- 25;000;) 0 25,000 25,000 25 25,000 125000 63;620 108;378 - 103;724 si y,;136�000 341;000: 205,000 .256,000 161,000 '161,000 - 161,000 T,079j996 .50,000 0 J 0 '210 000 - _ 210 000_ =� r 0 500,000 300,000 250,000 250;000 1,510 0 0 0 53 000 jx ry 3,0004' (50 0" 0 0 0 2,289,335 3 3,3 18,511 .x.,4,326,200 3,565,650" (760,550) 3,793,425 3;983 4,182,251 4.391.364 19;915.786 20,668 79,583 154,321 r 0 `� .++" : "3. -0'' 0 0 0 0 0 0 70;523 0 0 0 0 0 0 0 0 0 0 0 s' i O d r.93 "' $ L S OOO ry: 5,000 0 0 0 0 5,000 0 0 0 0 0 2,000,000 0 0 0 2,000,000 0 0 0 30000 3,000,000 0 3,135,000 3,135,000 3,135,000 12,405,004 0 53,636' 95,900 1`379000r ?p1379000 0 1,575,000 0 0 0 2,954 0 0 0 X50 000,E 50;000 = 0 0 0 0 .50,000 0 0 0 '210 000 - _ 210 000_ =� r 0 500,000 300,000 250,000 250;000 1,510 0 0 0 53 000 jx ry 3,0004' (50 0" 0 0 0 3'000 91,191 133;219 250,221 "1;642000 4647,000" 3;005000. 4,075,000 3,435000 3,385,000 3,385,000 18,927,000 2,800,930, 3,989,733 4,757,908 3,816,529 9,463,136 8,952,428 9,137,713 9 47,624,579 City of Petaluma; California - Petaluma Community Development Commission' 3/9/2004 0. PCDC Midyear Budget Final 3- 9- 04.XLS PCDC detail 6 PETALUMA COMMUNITY DEVELOPOROJECT AREA REVENUES & EXPEN S FY 2003 -04 BUDGET &. 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 s Actual Actual Actual Budget ° Mldyear 'L" (Decrease) Projected Projected Projected Projected FY 2007 -08 63 Transfers to Low /Mod Housing Fund 903 1,395,572 1,873,685 1,990,651 0 w' .r`0 0 0 0 0 0 0 64 Transfers out to Debt ServiceFund,904 65 Tax Allocation Bonds (1992A) - 391;549 0 0 0 0 0 0 66 Surety for 1992A TABs.(In,lieuof Reserve) 0 0 0 '�^ 0 • =0 0 0 0 0 0 0 0 67 ?ax Allocation Bonds (2001A) 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 0 0 0 0 1,160,000 1,160,000 69 Tax Allocation Bonds (2004) ( ) 0 0 a 0 1 "160000 544936; (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 "110400/r 11104001 0 1,104,200 1,107,900 1,101,200 1,104,400 5;528,100 71 Agreement. Obligations(ADt9 "&Benson) '1,469,398 800,900 615,380 972250 - °''972250 ^y 0 348;000 359,500 123,400 '121,500 1,924 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 74 Transfers Out to.Traffic"Fund .��� �, - ��1 . �. 75 McDowell /E. Washington Widening 0 0 � 1,300,000 0 0 0 0 0 0 76' Transfers Out to Manna Fund -607' 77 Operations /DebfService Shortfall' 52,500 0 0� 0 0 0 0 0 0 78 Manna:Dredgm9 0 0 54,000 �" 246000 246000 0 0 0 0 0 246,000 79 80 Transfers Out to..Storm Drain Mitigation _Fund 210 r ,� r r . �'"� Payran Reach Flood Management Project 0 0 0 -= �0 -� ,, 0 0 0 0 0 0.. 0 .61 Turning Basin Dredging _ 0 0 0 }- 0 ,1 '� - .0 0 0 0 0 0 0 82 Transfers Out to COB Fund 901 0 0 0 z 0 Y' 0 0 0 0 0 83 Subtotal Transfers Out 4,439,995 4,520,485 5,764,651 3,892550r - 3277486' (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) s - '0 2 0 0 0 0 0 0 86 CURRENT INTERFUND LOAN TO FUND 901 91,350 481,950 2,292,000 13 918 056 t -�' 15 453 899 ' 1,535,843 10,739,605 6,541,908 19,256 4,684,573 37,439,241 88 TOTAL EXPENDITURES, TRANSFERS OUT, CHARGES " a 89 AND INTERFUND LOAN 7,714,195 9,364,247 12,551 230 „24680 856, .. 29 "418`164x7 4,737,308 23,131,746 18,434,141 12,289,074 18`352,836 101 625,951 91 ENDING CASH BALANCE 1,828,322 2,738,487 16,252,950 15;783 544 ti 20,276;456; 4,492,912 7 - 89 4,37 8 178,684 3, 890 659 3, 8 9 0;659 92 93 94 CUMULATIVE INTERFUND LOAN TO CBD FUND 901 91;350 481,950 2,292,000 16226 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 3/912004 2:47 PM PCDC Midyear Budget Final3- 9 -04.XLS PCDC detail 7 FUND 2130 REVENUES AND EXPENDITURES BY PROJECT AREA LOW /M6DERATE 1NCOME HOUSING FUND 1 BEGIN NING, CASK, REVENUES & TRANSFERS IN 2 3. 4 Beginning Cash Balance Tax1ncrementRevenue 5 Other Revenues '6 Transfers In from Other Funds 7 TOTAL. CASH; REVENUES & TRANSFERS IN 8 9 EXPENDITURES a 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 &.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 -01 FY 01 -02 FY 02 -03 z FY 03.04 N, 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 2 1,247,711 1;275,593 475399s X 475,399= 0 1,049,462 2,637,831 4,784,335 7,144,407 475399 6 318 0 0 2226 200 8 2343 728 l ` 117,528 2,473;805. 2,611,102 2,756,018 2,908!977 13,093,629 148♦145 121,180 :�y 1 ; 279850 184300 (95,650) 64,250 127,191 213,714 308,204 897•,660 1,493;340 1,980;469 2, 18,293 0 0 0 0 0 0 3;917,149 3,376;325 3,515,066 " {2981549 3003;427, '. 21,878 3,587,518 5,376,124 7,754067 10,361 14,466,689• 145 188,326 313,727 ��408050.`'403,065t (4,985) 365,287 382,389 400,260 419;938 1,970;939 594;895 663,599 r 0 0 011 0 0 - 0 0 781336 74,349 0 67 500 67 500 0 67,500 67,500 67,500 67,500 337 1,126,568 82;890 440,974 34,799 857,187 0 29,400 29,400 29,400 29,400 '147;000 465,237"97 -R 1053000? 300 383;000 8,000 8;000 8;000. .. 1;460;000 174;245 47;777 290 671 59,127 19,555101 000 ' 101 000% 0 102,500 102 102;500 102:500 511,000 3;250 250 000 300 OOOm 50,000 2,000 2,000 2,000 2,000 - 308,000 2,243 2,036;895 7,658;956 ' ,I,1608950p 'r1953ti 345,015 .949,687 - 591,789 609,660 629,338 .4;734;439 31,336 0 1,511,200 ' "'''.�'.` Oa� '0 0 0 0 0 0 0 394 63,837 ( 130 ;469 ) , ",g,0 $ „s.`�...efi :m,0 - �; 0 0 1,247,711 1,275,593 475,399 a Sri, -1 372 599; �,P,049;462 (323,137) 2,637,831 4,7 84,335' 7;144, 9,732,250 9,732250 -1 � p Y„ , t 3,964,610 5,486;686 2,725,298 ' (2,050,686) 1,500,000 1,850,000 2,200,000 2,550,000 2 City;ofPetaluma;,California -Petaluma Community' Development Commission 3/912004 0 PCDC Midyear Budget Final 3- 9- 04.XLS PCDC detail 8 ,` City of Petaluma, California - Petaluma. Community Development Comnassion 3/9/2004 2:47 PM PCDC Midyear Budget Final 3- 9- 04.XLS PCDC detail 9 • REVENUES AND EXPENDITURES BY PROJECT AREA FY 00 -01 Actual FY 01 -02 Actual LOW & MODERATE INCOME NG FUND REVENUES & EXPEN I FY 2003-04 BUDGET & FIVE -YEAR FORECAST FY 02 -03 FY 03 -04 :> FY 03 -04- '= Actual a ' Budget x Midyears °� ;$_ ` c � Forecast r Increase/ (Decrease) 'FY 04 -05 Projected FY 05 -06 Projected FY 06 -07 Projected FY 07 -08 Projected FY 2003 -04 to FY 2007 -08 • ' _ LOWIMODERATE INCOME HOUSING FUND BEGINNING 'CASH BALANCE 2 1,247,711 1,275,593 4T5399 `,� 475899 0 1,049,462 2,637,831 4,784,335 7,144,407 7,144,407 3 _ f k 4 REVENUES Tax Increment Revenue 0 0 0 2226 200 2343 728. 117,528 2,473,805 2,611,102 2,756,018 2.908,977 13,093;629 5 6 Investment Interest 149,274 117,725. 73,472 S k0 15000 -. 15,000 41,900 104,841 191,364 285,854 638;960 Mobile Home;.Rent Control Admin 0 2,805 5,370 1 y 1 9511 °:x. 1 950 ° 0 5,000 5,600 5;000 5,000 21950 7 Charges f 15,160 12,375 12;375 � � -- , ; 0 g� �� 12 350 12,350 12,350 12,350 12;350 12;350 61,750 .8 Intergovemmental Revenue. - 51,751 11,417 29,963 ' ( 258000 150`000» (108;000) 0 0 0 - 156,000 9 Other, Revenue 102,469 3,823 0 1 s, 20 OOOx I r a 5 000 (15000) 5 5 5,000 5 25 000 10 TOTAL REVENUES' 318,654 148,145. 121,180 2506150 2528028„ 21,87,8 2,538,056 2 2,969,732 3;217,181 13 12 TRANSFERS INILOANS 13 `14 From PCDC Pro /ect Areas - From City 1,493 1_;_980,4 2018;293 'F 0 ,r ?0 ? _ 0 0 0 0 0 0. Housing In -Lieu Fund 0 '.0 0 0 0 0 00 0 15 TOTAL,TRANSFERS:IN 1.986,469 2,1.18 ; 0 s 17 TOTAL CASH, REVENUES & TRANSFERS IN 3,997,,149 3515 ;066 2981 549 x3;003 427 21 3,587,518 5;376;124 7,754,067 10;361,588 2 1,135;697 18 EXPENDITURESkax' _. 19 Nome �Prev S ,..0 r 20 P20230 Rental Assistance Program (PPSC) 25,000 21,333 1 x � � 0 0 0, 0 0- 24 Singles•Shelter Program (COTS) 52;137 0 x 04 �3'z O,i 0 0 0 0 0 0 0 0 0 0 22 P20230 Mediation Assistance Program'(PPSC) 92,000 95,000 0 0 ` 0, 0 0 0 23 P20210 Family Shelter PrograrrVMaiht (COTS). 244,166 228,374 0 >&� s ' "0{ r , pet 0 0 0 0 0 0 0 '.6 25 P20210 Homeless- Shelter /Opportunity Center 161;514 291,216 0 � � �' 0� � ,„ � 0,� 0 0 0 0 0 28 P20210. Armory Facility Set Aside 20;078 27,676 0 x ;- c, 0,_ �;, 0 0 29 Subtotal Homelessness 594;895 663,599 , ,, £,; ,.,.,`v0� 0 "z 7 0 S0',' 0 0 0 0 0 0 0 0 0 0 0 30 Y 31 Transdionai H o usin g'�i.,._ 0. �t _ W 4. s F 32: _ P20207 Transitional Housing !Path (BARMY) 69,654 66;949 0 a 4 60 000'„, 0 000. 33 P20210 Emmaus House (COTS) 0 0 0 00 0' b, 60,000 0 60;000 0 60,000 0; 60,000 300,000, 34 P20210 Supportive Shared Housing (COTS) 8;482 7,400 0 ..,y 7,500? „7,500. 0 7,500 7.500 7 -500 0 7 0 37,500 35 '36 :Subtotal Trans itional�Housing - 78 74 0 ,.,, "67500 �( 67500`] 0 67 .67,500. 67,_500 67 337,5 FartSi Rerttai ro lectsX 3+ § 38 s,.. a w v ... OldElm Village (BH) 27,823 40 T , 0 0, 0. �0 39 P20203 Boys &.Girls Club 0 100;000 0 0 0 1 0 0 0 0 0 0 0 0 0 0 40 P20101 Low /Mod! Existing Housing' Support 'CPSP 28,051 28:122 a 28,764x 29400 r 29400 0 29;400 29,400 29,400 29,400 147;000 41 P20220 Area Housing (EDEN) 1,064;694 312,812 828,423 0: 0 0 0 0 0 42 Subtotal Family Rentals 1,120,568 440,974' _ 857,187 ;`294D0 ' .29,400i 0 29,400 29,400 29;400 29;400 0 147,000 City of Petaluma, California - Petaluma. Community Development Comnassion 3/9/2004 2:47 PM PCDC Midyear Budget Final 3- 9- 04.XLS PCDC detail 9 LOW & MODERATE INCOME HOUSING FUND REV_ ENUES & EXPENDITURES FY 2003 -04 BUDGET & FIVE= YEAR!FORECAST REVENUES AND _EXPENDITURES BY PROJECT AREA FY 00 -01 FY 01 -02: FY 02 -03 Actual Actual Actual SeniotlSpeciai Needs Rrolects 8 progtaml3� ; a Increase/ FY 04 -05 FY 05 -06 FY 06.07 FY 07 -08 FY 2003 -04 to (Decrease), Projected Projected Projected Projected FY 2007 -08 43 P20230 Casa Grande (PEP.) 0 0 :7;028 u 3 5 000.�'�, 395 0001 0 375;000 0 0 .0 770;000. 44 020201 Mobile Home Rent Control 40 10,823 7,630t8 8 000. 0 8;000 8,000 8 8;000 40.000 45 020204 The B z oulevard (BOckelew Programs) 0` 0 6 c > 250'000 -: ,, " 250' 0 0 0 0 0 25 46 EdiWSt (PEP) .27449 0 0 47 P20230 SeniorHousing Rehab /Prop Acquisition (PEP) �0 0 300 t 100 000+` f. ,100 000 0 0 0 0 0 100;000 48 020230 Lieb Douglas Street'Senior.Pro /ed (PEP) 55,401 308;976 149,903 °, ,;0 3 0;000 300;000 - 0 0 0 0 300;000 49 Subtotal Senior:Projects' 82;890 319 465;237753 000 1 000 300;000 383:000 8,000 8;000 8.000 1,460;000 Si Homeownership /�ehabilitatiort � _ � = '' � w;� �= 52 020201 Mortgage Ceriificate Program 0 0 0 OOO F" 1`000: 0 2;500 2;5,00 2,500 2,500 11,000 53 Facility Maintenance &Rehab 113;816 226,208 15,798 100 000 � -- ' 100"000 0 100 100;000 10000 100 500;0 54 Betow Market .Rate 0 16,967 0 0 � _ 0 0 0 0 0 0 55 P20208 Vietnam Vetrans of CA: Rocca Drive Rehab 0 0 3 0 _ 0 0 0 0 0 0 0 - 56 P20206 'Rebuilding Together "k0using. Rehab - 60,429 47(496 0 x i "„ y0, °3, �'.�r 0`: 0 0 0 0. 0. 0 57 Subtotal Homeownership /Rehabilitation 174,245' 290;671 19,555 410 10101 OOa; 0 102;500 102:500 102:500 102,500 511,000 58 - 59 C mthunttyRetnta�izatiortPtog 26 P20240 Ellwood Opportuniti..Center - UST Monitor, 29,620, 59;087 0 r� . 250 000 150 000 ' (100;000) 2,000' 2;000 2,000 '2,000 158,000 R.<� Yom= 60, 020202 Neighborhood RevitalizatioNOld.EasFPelalunia NA. 18,157 90 3,250 r.� ��2; � _0,,,?�� ,150;000,.. 150;000 '0 0 '0 0 150000' 61 Subtotal Community Revitalization 47,777 59;177' 3;250;250000300 000{ 50,000 2,000 .,2 ,000 2;000 2,000 308;000 62 _ . 63- 'AmimstratiotttPrograms 6 1"�.�' , 64. 0202000 Intragovernmental'Char a 9 .0 34,000 63;350 65500 Y?ezm„"�65500: 0 68,000 70,000 72,000, 75000 350;500' 65. P202000 58'2557 County Collection: Fee, 0 0 • 38,716 *�`.` 46000r - "'�41 0'I5 .(4;985) ¢3;292' 45;694 48;230 50,907 .:229,139; 66. 0202000 General Plan Administration 01 050 54,70D 54 650az 54 650 ;' 0 0 0 '0 ' - 0 54,650 67 P202000 Housin Pro'ecls'Mana ement ` 9. 1 9. 145.125 147,576 156;961' %241900'241900 0 253,995 268;695 280,029: 294 1,336;650 68 Subtotal Administration 145 188,326 313,727.,1408050 - ',,,.-409065,. (4 365,287 382;389 .400,260 419;938 1;970;939 70 TOTAL EXPENDITURES 2,243;836 2:036,895 1,658;956 i ° . 1 °,608 950 1,953,985 345,0 9 49,6 8 7 591,789 609,6 6 29,33 8 4,734 4 39 72' TRANSFERS OUT / .LOAN. TO CITY HOUSING. FUND 31';336 0 1,51,1;200 s , § M'- - 0 0 0 0 ;0 0 0. CHANGES IN ASSETS LIABILITIES 394 63;837 (130;489) s' 4 ;;v 1 0„�",- - ? F O . `0' 0 0 _ _.0 0 ___ -0 Z5 l _ - - - .�' s ` Ta " 76 ' TOTAL EXPENDITURES,;TRANSFERS BOTHER 2,669,438 2,100,732 3 _? -,1;608 950x1 953 965 345,015 949 591;789 609 629,338 4;734,439' 77 t 1 i x a'a ?78 ENDING CASH,BALANCE 1,247,711 1';275;593 475,399 1 1 372,5991fj '� 1,049;462 ; (323137) 2 637 83 4,784,335 7 9.732250 16,401,259. 79 - 82 , r 85 86 Estimated Available Cash In Housing.ln -Lieu Fund ,3,984;610 5,486;886 2,725;298 s V 3,536186 ? 1485 500 (2;050;686) 1;500;000' 1,850,000 2;200,000 2,550,000 2,550;000 City of, ,Petaluma „Califomia - -Petaluma, Community:Deveiopmeht Commission -- - - - - '3/912004 2 *PCDC MidyearBudget Final 3- 9- 04:XLS:PCDC detail 10 FUNDS. 451 f *620,4630,4640,4650 REVENUES AND EXPENDITURES BY- PROJECT AREA • DEBT SERVICE FUND. REVENUES & EXPENDITURES FY 2003-04 BUDGET & FIVE-YEAR FORECAST FY 00 -01 FY 01.02 FY 02 -03 Actual Actual Actual Increase/ FY 04 -05 FY 05 -06 FY 06 -07 FY 07 -08 FY 2003 -04 to (Decrease) Projected Projected Projected Projected FY 2007 -08 DEBT SERVICE FUNDS BEGINNING CASH REVENUES AND TRANSFERS IN 1 Beginning Cash Balance 2 ;Other Revenues 3 Transfers in from;Olher•Funds 4' 5 TOTAL CASH,', REVENUES AND TRANSFERS IN 6 7 EXPENDITURES, TRANSFERS OPT &;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 1 880,785 ,� 163619 '" 163 0 164,722 165;841 166,987 169,561 169 111;228 30,027_ 21,647 } 20000 4103 (15;897) 4,118 4;146 4 4;239 20,781 2,992;412 2,395,400 2,269 iu x 3785550 sr 3170486» (615;064) 3;068,005 3,075,805 3,669,105 41820,730 17,804 „131 4,129,988 1874 3,172,332 �^3,969169w.3338208 (830; 3;236;846, 3,245;792 3;840,266 4,994`530 17994,473 1,839,252 2;_993;676 3;008,541 ` ";3'788' 3 i73 (615064) 3,071,005' 3,078,805, 3;670:705 024,230 17,818 437 0 0 0 0 0' 0 0 0 - - 0 0 `" - T..�- 0 0 . 0. 0 0 0 2,276,446 2;993,676 3;008,541 �z 3'788550; 3 (615,064) 3;071,005 3,078,805 3,670;705 4,824;230 17;8187231. (404 0 172 0. 0 0 0 0 0 .r 1,449,034 880 163,61-9 xs''�180619 _,�; X164,722$# (15,897) 165 166;987 169;561. 170 976;242 City of Petaluma, California - Petaluma Community Development,Cormussion • 3/9/2004 2:47 PM PCDC Midyear Budget Final 3- 9- 04.XLS PCDC detail 11 DEBT SERVICE FUND REVENUES` &,EXPENDITURES FY 2003- 04'BUDGET & FIVE-YEAR FORECAST RE_VENU_ ESAND:EXPENDITURES BY PROJECT AREA FY-00 -01 FY 01 -02 FY 02 -03 FY 03-04 s) FY 03 04 ' Increase /. FY 04 -65 FY 05 -06 FY 06 -07 FY 07 -08 FY. 2003-04 to Actual Actual Actual'. Budget Mldy r = (Decrease) ,Protected Projected Projected Projected FY 2002 -08 3/9/2004 2tIWCDC;Midyear Budgel,Final 3- 9- 04 ;XLS'PCDC detail 12' • ,r DEBTSERVICE s � y ;, }r 15' ' BEGINNING , CAS H'BALANCE 1,026;348 1,449,034 880,785 � =163619 X163 _ 0 164;722 165;841 166;987 169;581 '- 169;561: REVENUES A # t9 lnt erRe nin SIN 30,02 o mss_ 21 7 84 15,89 ( ) 4,.11 4,]46 4;1.75 4,23 20;780 .20 New 2000B-TAB.Proceeds 96;501' 01 21 New 20036 TAB Proceeds t 0 'f100Qlr'; On 0 0 22 23 TOTAL REVENUES 111;2 30,027 .,, ,.._ 21;647 20 000 4 103 fl (15;892) 0 -- 4 0 4,146 0 4;175 0 4;239 0 20,781, 24 25 TRANSFERS IN 2 2;395;400 2,269;900 3785550 ( 3170486 { ' (815;064) 3,068;005 3',075;805 3;669;105 4,820,730 17;804;131 26 TOTAL CASH, REVENUES AND TRANSFERS'.IN 4,129,988 3;874;461 3,172;332 3969169 ` 3 208 27 g , 338 (630961) 3;236;846 3;245,792 3;840 4,994,530 17!994;473 28 EXPENDITURES AND TRANSFERS OUT - k s �r 30 P20100 Audit Fees • 0 0 "TS �$ av� ? 0 �>ff 3 000' s„ 30 0 0 3,000 31 1992 Tax Allocate Bonds 425 ;008 . „gyp ; 0 0 3;000 0 0 3,000 3 000 0 ,15,000 - 32 33 4620 Bonds 2001 Allocation (n 4650 AD #19 Auto Plaza.. Public imp.), D :0 361,975 408;488 403 900 uS� 403 900 0 404;800 400,400 0 405,500 ,0 405 500 .0; 2,020;100 34 p) 4640 Auto Plaza Note (Benson LandRepay) 1.19,1 - - 0. 121;33 1,350,223 114 #120 = 000. k8 `�250 0 123;000 122,000 122;000 122;000_> 609;000 35 - 4610 2 000ATaxAllocationBonds:(PCD) 1,138,282 1,11351{3' 1,239;866 852250 1,118;121 r '�A;110400�1110400t„ 0 0 225;000 1,104,200. 237;500 1107,900 0 1,101,200 0: 1,314,750. 36 4510 20008.Tax Allocation Bonds (CBD) ' 18;5 46,623 129;98 7 X139 000 T` 139 000' 0 139,000 136.000 1,104 _5;528;100. 37 4630 2004A,Tax Allocation Bontls (PCD) . 94 0 0 0'.. 000 1544 =, 137.000 137,000 688;000 2007A Tax AllocalionBonds'(PCD) 0 0 , 936 . 0 � g0 (615,064) 0 1,072,005 0 1,072;005 0 1,502,005 1;492,330 5,683;281 38 0000 2006ATax Allocation B ,onds (CBD) 0 0' �0 p 0 "r r 70 0 = 0 0 0 1,160,000 1,160,000: 39 New,TA6'Cost of Issuance 1,40;195 0 0 0 400,000 400;000 '01 800;000 40 41 TOTAL EXPENDITURES. 1,839;252; 2,993;676: 3;008,541 3`788550y $ 3173486)a (615,064) 0 3;071,005. 0 3;078;805 0 3;670 4;824,230 0 17 }231 42 TRANSFERS - OUT 437,:194 0 0 fi -, =?, ' 43 -:= ,.`���0 -; 0 0 0 0 0 0 45 46 TOTAL. EXPENDITURES AND TRANSFERS OUT 2;276;446 2;993;678 3,008;541 3 788 550 3 173486 (615;064) 3,071,005 3,078,805 3,670,705 4;824;230 17;818,231 47 Changes in Assets &.Liabilities (404,508) 0 172 0 0 '0 - 0 48 5�f` .r .� 3.e' s _._ 0. 0 0 49 ENDING CASH BALANCE - 1,449;034 880,785 163;619 x„164 7221(15 897) 16 5 ; 84 1 "1 69 50 166;987 5 61 _170 - 300 1 76 , 2 4 2 51 RESERVED FUNDS r ,. '�� -:._� •`�^� a a`� _ 52 ~ For 1984 Bond 0 0 00 ' 53 For 20008 TAB ' 0 0 Dc0 55 For OtherTAB's 1,449,034 880,785 10 163619 1 164;722 0 0 0: 0 0 0: 56 ( 15,897 165;841 166 1 170300 1 70;300_ 57 City of, Petaluma, California' - 'Petaluma Community; Development Commission - - - 3/9/2004 2tIWCDC;Midyear Budgel,Final 3- 9- 04 ;XLS'PCDC detail 12' • ,r