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HomeMy WebLinkAboutAgenda Bill 1.B 02/07/2003• Fl. 0 FE a 7 7nnq CITY OF PETALUMA, CALIFORNIA Petaluma Community Development Commission AGENDA, BILL Agenda Title Discussion and Action Regarding PCDC Mid -Year Meeting Date February 7, 2003 Financial Forecast and Budget Adjustments - Department Director Contact Person Phone Number PCDC /City Manager Marangella`" Marangella 778 -4581 Cost of Proposal Account Number Various CBD Fund 901: $1,454,423 Net Change PCD Fund 902: $5,503,518 Net Change Name of Fund PCDC 901 -904 Housing Fund 903: $6,525;346 Net Change Debt Svc Fund 904: $ 0 Net Change Amount Budgeted . $16,796,050 (Combined PCDC Funds) Attachments to Agenda Packet Item 1. Resolution Approving Adjustments to the FY 2002 -03 PCDC Budget 2. FY 2002 -03 Mid -Year Financial Forecast Explanation of Adjustments & Line -Item Detail 3. FY 2002 -03 Mid -Year Transfers -In to Housing In -Lieu Fund (211) Summary Statement The PCDC Mid -Year Financial Forecast indicates that overall, the Petaluma Community Development Commission Redevelopment Funds (901 -904) are in sound condition and all of the priorities in the PCDC.'s FY 2002 -03 work plan can be accomplished. However, a few highlights are noteworthy, including: ® Tax Revenue: Rate of growth rate in property .tax 'increment in the Petaluma Community Development Project Area Fund (902) has decreased' from 23% in FY 2000 -01 and 29% in FY 2001 -02 to 9.3% in FY 2002 -03. The property tax increment will increase by approximately $913,000 over the prior year. In the Central Business District Project Area Fund (901), property tax increment- grew by only 7.9% or $41 ",854 over the prior year. This can be attributed to the delay in 'the implementation of the Central Petaluma Specific Plan coupled with the recession. • Beginning Fund Balances: All fund balances have been revised downward to reflect actual figures provided by the most recent financial audit. • Capital Projects: All of the significant increases in project funding reflect approvals or direction already given by the PCDC and are now being included the mid -year adjustments. Funding for several housing programs totaling $2.5 million is being transferred from the Low & Moderate Income Housing Fund to the Housing In -Lieu Fund. Attachment II contains the account detail for each line -item, including proposed revisions to the FY 2002 -03 PCDC Budget. Council Priority THIS AGENDA ITEM IS CONSIDERED TO PART OF, OR NECESSARY TO, ONE OR MORE OF THE PRIORITIES ESTABLISHED BY THE CITY COUNCIL ON JULY 21, 2001. Priority: Complete Redevelopment Agency Review: Maximize Income/Expenditure Priority Recommended City Council Action /Suggested Motion Adopt the attached resolution - approving adjustments to the FY 2002 -03 PCDC Budget. Reviewed by FinaiLce Director: Reviewed by City Attorney Date: A o City Mann r y y g e Date: ate: Today's Date Revision # and Date Revised: File Code: # January 31, 2003 ,, CITY OF PETALUMA, CALIFORNIA February 7,'2003 AGENDA REPORT FOR DISCUSSION AND ACTION REGARDING PCD.0 MID -FEAR FINANCIAL FORECAST & BUDGET ADJUSTMENTS 1. EXECUTIVE SUMMARY The Petaluma Community Development Commission (PCDC) Mid -Year Financial Forecast indicates that overall, the Petaluma Community Development Commission Redevelopment Funds (901 -904) are in sound condition and all of the priorities in the PCDC's FY 2002 -03 work plan. can be accomplished. Many of the proposed changes are minor. However, a few highlights are noteworthy, including: a Beginning Fund Balances: CBD Project. Area Fund -- A cumulative loan of $688,285 from the PCD Project Area Fund (9 02) -was not booked as part of the final audit and is reflected as a negative fund balance instead. As part of the mid -year review, the loan will be booked, eliminating the negative balance. 2. PCD Project Area Fund — The mid -year forecast adjusts the Beginning Balance /Reserve for Projects downward by $2.6 million from $16.6 million to $14.0 million. This is' due to the following: A. The Budget contained $600,000:more in reserves for projects than was required, as. per the final audit. B. The Budget estimated $2,000,000 more in the Beginning Fund. Balance than was available on a "cash" basis, as follows: 1.) Loans Receivable from Marina Fund & CBD: $1.7 Million 2.) Miscellaneous. Receivables: $300,000 This adjustment will amend the budget to reflect only the cash available in the Unreserved Fund Balance. 3. Low & Moderate Income (Low -Mod) Housing Fund — The Beginning Balance /Reserves for Projects is adjusted downward by $6.2 million to reflect only the undesignated funds available. During, the preparation of the budget last March, :an estimate was made that included the entire fund balance rather than just the undesignated portion. This error I is corrected with the mid -year budget adjustments. Tax Revenue: Rate of growth rate in property tax increment in the Petaluma Community Development Proj ect Area Fund '(902) has decreased from 23 % in FY 2000- 01 and 29% in FY 200.1 -02 to 9.3% in FY 2002 -03. The property tax increment will increase by approximately $913,000 over the prior year. In the Central Business District Project Area Fund (901), property tax increment grew by only 7.9% or $41,854 over the prior year. This can be attributed to the delay in the implementation of the Central Petaluma S.pecific.Plan coupled with the recession. Pagel ® Capital Projects: A detailed list of recommended adjustments is included in attachment II. However, this will summarize the most significant changes. These include: Central. Business District Project Area Keller Street Garage Phase II• +$78,500 as per.PCDC action to award bid to Noland Construction and direction to install 'security cameras +$2000000. • Petaluma River Access ,& Enhancement Project;_Phases 14 +$90 for additional architectural/design services by ZAC to augment CSW, as directed by the PCDC in September. • Downtown Improvements & Landscape Master 'Plan Phase 1 +$150,000 for the design of street improvements as part of the.PCDC's direction to spend $9.0 on street 'improvements: These funds are for Washington Street, from Lakeville to Howard Street, .and include new utilities in the street. • Central Petaluma Specific Plan (CPSP): An additional. appropriation of $3081400 is included 'in the proposed budget adjustments in order to complete the. CPSP EIR, analyze circulation, and formulate development guidelines and regulations. Petaluma Community Development Project Area ® Purchase of 27 Howard Street: - $250,000 The purchase .of the facility ffromithe General.Fund had been deferred. ■ ERAF Shift: The State of California has taken - $250,200 through the enactment of AB 1768. ® Road -& Circulation ,Improvements: +$500,000 as. per PCDC to reconstruct roads with $9.0 million.. The funding is for engineering and design. ■ LOK Petaluma Marina Hotel OPA: +$500;000 as per the Owner Participation Agreement with the, PCIDC to "rebate" the equivalent of 2/3 of the Transient Occupancy Tax generated bythe hotel, monthly. Low & Moderate Income Housing Fund ® The ,following project costs have been transferred from the Low & Moderate Income Housing Fund to the Housing In -Lieu Fund: o Rental Assistance Program (P,PSC): 4124 o Family Shelter Prograin (COTS): 4240,000 o Homeless Shelter /Ops Center (COTS): $312,000 o Ops Center Facility (COTS): $258,060. o Armory Facility Set Aside. (COTS): 41 1 000,000 o Transitional Housing/Path (SARMY): -. $ 60,000 o Emmaus House (COTS): -$31- 2;900 o Supportive; Shared Housing .(COTS): -$ 7 o Boys & Girls Club: $136;000 o Rebuilding Together -$ 60,000 Subtotal: 42,511;200 Page 2 M Cedar Grove (PEP): Funding .is reduced by - $495 and carried over to later fiscal years. IM The:Boulevard/Buckelew Programs :. $200,000 will be reduced and carried over to the following fiscal year. The proposed site is adjacent to the Police Department: ® Senior Housing Rehab (PEP): In January, the PCDC approved $300,700 in additional funding to PEP in January to rehab aging low income housing units. ® Real Property Purchase: the purchase of 27 Howard Street has been deferred. ® Reserve :for .V' Time Homebuyer Program: A reserve of $1,487,800 has been, eliminated and is included in the Housing;In Lieu Fund. ® Reserve for Land Acquisition: $3,'000,000 has been eliminated from this reserve as .there were insufficient funds in the beginning fund balance. ® Reserve For Unspecified Housing Projects: The reserve is reduced by $354,596 to $131,992. A resolution approving the adjustments is attached the Commission.'s consideration. 2. BACKGROUND The FY 2002 -03 PCDC Budget- was adopted on June 27, 2002. 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 four funds is examined with the intention of determining if any corrections or adjustments are necessary. On September 9, 2002 the PCDC directed that a program to reconstruct approximately $9 Million in streets be undertaken over the next few years. Funds are included, in the mid -year adjustments'to begin the engineering on the street improvements. In addition, several other projects require additional funding. Attachment II reflects all of the recommended mid -year financial. adjustments to the PCDC funds. 3. ALTERNATIVES Approve the recommended adjustments as appropriate. 4. FINANCIAL, IMPACTS The net impact to the PCDC'Funds, including the proposed adjustments, is as follows: ® CBD Fund 90.1:. • PCD Fund 9;02: • Housing Fund 903: • Debt Svc Fund 004: +$1,454,423 Net Change +$5,503,518 Net Change +$6,525,346 Net Change +$ 0 Net Change The net .impact takes, into account all changes to both revenue and appropriations as they are reflected in the FY 20,02 -03 year -end available fund balances. Page 3. 5. CONCLUSION Adjustments to the FY 2602-03 Budget are proposed, for the PCDC's consideration. The overall net impact of the adjustments is to reflect current conditions with respect to slower revenue growth and increased project costs. While lower than anticipated revenues'have been_ :realized in the PCD and CBD Project Areas, all of the FY 2002 -03 projects remain funded and will be completed Please note that the expenditure .of `these, funds is consistent with. the implementation of projects included in the PCDC's "Five -Year Implementation Plan. 6. OUTCOMES ORYERFORMA MEASUREMENTS.THAT'WILL IDENTIFY' SUCCESS OR COMPLETION: I Project appropriations and revenues are expended, or realized according to plan by 6/,30 %2003. RECOMMENDATION I` It is recommended that the Petaluma. Community Development Commission adopt the resolution found in ; Attachment I, authorizing the proposed adjustments to the FY 2002 -03 PCD.0 Budget as' detailed in Attachment II. Page 4 Attachment I Resolution Petaluma Community Development Commissi ®n Authorizing Adjustments- to FY 2002-03 Rz' alp s a Page 5 RESOLUTION # PET'AI,UMA COIVIMUNITY DEVELOPMENT COMMISSION APPROVING ADJUSTMENTS TO FY 2002 -03 PCDC BUDGET WHEREAS, on February 7, 2003, the Petaluma Community Development Commission held a public meeting and considered, a mid -year financial report on the FY 2002 =03 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. NOW, THEREFORE, BE IT RESOLVED that the Petaluma Community Development Commission hereby approves and adopts adjustments to FY 2002 -03 PCDC' Budget, attached hereto as Exhibit A and referred to as Attachment II in the FY 2002 -03 PCDC Mid -Year Financial Forecast Staff Report as amended. Adopted this l st day of February 7, 2003 by the following vote: Commissioner Aye No Absent Glass Carnevaro Harris Healy Moynihan O'Brien Torliatt David Glass, Chairperson ATTEST: Recording Secretary Page '6 Attachment II • Mid-Year Financial Forecast (Explanation of Adjustments & Dine- Item Detail) Page FY 2002 -03 PCDC Mid -Year Financial Forecast The following details the proposed changes to the Petaluma Community Development Commission FY 2002 -030 Budget originally adopted. on June 27, 2002. The changes are reflected in the budget detail worksheets in Attachment It. Central Business. District Project Area Fund (901): • FY 2002 -03 'Beginning Fund Balance & .Reserve: After the completion of the annual. audit, the FY 2002 -03 Beginning Fund Balance was - $688,285 and the Beginning Reserve for FY 2002-03 was zero. The reason for the negative fund balance was that the loan from Fund 902 was not booked as part of `the annual audit. The loan will be booked as part of the mid -.year review. • Property Taxes, Property Taxes are accruing at a lower rate than originally anticipated. 'The, year -end projection assumes $233,110 less than the adopted budget of $806,500. The original forecast relied on the revenue °projections made by Seifel Consulting as part of their work on the CBD Plan Amendment. Seifel assumed that more development would Have occurred in the CBD. The five -year forecast now assumes a more conservative growth rate. • Project Administration: An additional $15,000 has been added to an adopted budget of $280,900 to account for the need for facilities and equipment for new redevelopment project managers. • Seifel Consulting: An appropriation of $3,000 is included so that base year calculations by the County Assessor can be verified in connection with the expansion of the CBD Project Area tax revenue. • Indirect Costs', No change: • SB -2557 Collection Fees: Fees will decrease .by $5,250 due to the reduced property tax collection. • " Keller. Street Garage, Phase II: An increase of $20,000 is proposed .pursuant to; PCDC direction to install surveillance cameras. to enhance safety and security in the parking�structure. This is in addition too an increase of'$78,484 approved by the PCDC when the, construction bid was awarded. © Downtown Id provements: The approved budget contained $440,000 for eng" rieering and architectural design. Subsequently, the PCDC directed that $9;000,000 in street improvements be undertaken. Therefore, an additional $150,000 must be appropriated to perform engineering on the additionally approved downtown. streets. • Central Petaluma Specific Plan: $308, 400 in additional funding is required to complete • the Plan, including, consulting, assistance on Traffic /Circulation, Smart Codes,, and EIR. • Riverwalk hnprovenients: $90,000 in additional funding is included per PCDC direction to augment architectural services provided by CSW with ZAC. These funds provide for an expanded public review process beyond what was originally budgeted. • Storefront Improvement'Loan. Program: The program is beginning implementation, and it is anticipated that $100,000 less funding is required this year, for aremaining total of $200,000. • Transfer -Out to. the Housing Fund: A reduction of = $46,622 is allocated to the Low & -Moderate Income Housing, Fund (903) due to a smaller increase in tax revenue. (20 % of the property tax ,amount for the fund is transferred to fund 903.) • hiterfund Loan: A line item is reflected in the budget to account for the loan from the PCD Project Area Fund 902. The loan is higher than originally budgeted_ by $1,454 for, a' total Joan of $4,183,723, primarily due to lower revenue from property tax increment, not booking the negative fund balance as a loan, and,increased expenditures associated with capital projects. Page 08 Community Development Project Area (902) • Beginning Reserves for ; Projects: In the FY 2001 -02 Audit, $210,100 is allocated for encumbrances related to projects begun in FY 2001 =02, but continuing in FY 2002 -03. This is a reduction of - $606,704 over the .adopted budget and is due primarily because more funds were expended in the prior year and did not need to be +encumbered. • Beginning Available Fund Balance: A reduction in beginning fund balance of $2,013,079 is included in the Adjusted Budget as per theFY 2001 -02 Audit. • Property Tax Increment: Figures provided by the County of Sonoma reflect a 9.3% increase in property tax increment to the project area over the prior year actual. This is an increase of $912,924 from $9,787,076 to $10,700,000. However, the revised estimate is - $930,800 less than FY 2002 -03 adopted figure. • Interest Earnings: No Change • Project Administration: An additional $- 15,000 has been. added to an appropriation of $164,500 to account for costs associated with facilities and equipment for`new redevelopment project managers.1 • SB 2557 Collection Fee: The fee is estimated to decrease by - $20,950 based on reduced property tax collection. (This fee is calculated as a % of property tax allocations.) • General Plan Administration: No Change • AB 1768 ERAF Shift to State: Based on AB 1768, $250,200 has been shifted to the state to help offset the State budget deficit. • Real Property Purchase: $250,000 is deleted for the purchase of 27 Howard from the General Fund and is deferred. Indirect Costs: No change. o URM Project: No change. ® Road & Circulation Improvements: Based on the PCDC's direction in September, $500,000 has been appropriated for engineering design for $9,000,000 in street improvements. Construction funds are shown in the subsequent fiscal, year budget estimates. ® LOK Petaluma Marina Hotel OPA As per the Owner Participation Agreement with the Lok Hotel Group, 2/3 of the Transient Occupancy Tax generated by the hotel is paid through the PCDC to Lok monthly. Therefore, $500;000 is budgeted for this purpose. The total allocation over multiple years is $2 million. ® Auto Plaza Project: $6,000.is allocated in order to perform a major clean -up of the site. ® Passthrough Payments to Others: Approximately 34 % of Tax. Increment. is passed through to other taxing agencies. As the tax increment increases, the amount of passthrough also increases. Based on the County's latest property tax figures, an reduction of - $315,538 is included for a total line -item appropriation of $3,627,263;. o Transfer Out to Low/Mode Income Housing Fund: A reduction of - $186,200 is included in the Adjusted Budget for a. total transfer of $2,140,000. This is due to lower than anticipated tax increment. ® Interfund Loan to CBD Fund 901: The loan amount projected by the end of the fiscal year is $4,183,723. Low & Moderate Income Housing Fund (903): - ® FY 2002 -03 Beginning Fund Balance /Reserve for Projects: Subsequent to the annual audit, the Beginning Balance/Project Reserve combined was $382,614, a decrease of - $6,197,524. This is due to an error in estimating the Beginning Fund Balance. The figure used included the entire fund balance rather than just the undesignated fund balance. The mid -year adjusted budget corrects this error. ® Investment Income: This line item is reduced by $107,200 to account for a smaller fund balance to invest. Page S! ® Charges for Services: An additional $12,200 is anticipated. • Other Revenue: A reduction of - $1,507,800 for the "First Time Home Buyer" program is included as the funds are now included in the Housing In Lieu Fund. Transfers In From PCD Project, Area Funds: Transfers are reduced by - $232;.822 due to lower property tax increment than originally budgeted. (20% of the tax increment from the PCD and CBD project areas* is transferred to this fund.) • The following- funding has been deleted - from the Housing Fund in favor of funding from :the Housing In Lieu Fund: 1. Rental.Assistance Program (PPS,): - $124,800 2. Family Shelter Program (COTS): - $240,000 3. Hontieless Shelter /Ops Center (COTS): - $312,000 4. Ops Center Facility (COTS): 4258;000 5. Armory Facility Set Aside (COTS): - $1 6. Transitional:Housing /Path (SARMY): -$ 60,000 7. Emmaus - House (COTS): - $312,900 8. 'Supportive Shared_Housing (COTS): -$. 7,500 9. Boys & Girls Club: - $136,000 10. Rebuilding Together: -$ 60,000 Subtotal; - $2;511,200 • Cedar Grove (PEP): Funding is reduced by - $495,000 and reallocated in.later fiscal years. • Mobile Home Rent Control: An additional $6,000 is appropriated to cover the cost of the legal expenses. This is offset 'a charge to a reserve fund. • The Boulevard /Buckelew Programs: $200,000 will be reduced and carried over to the following fiscal year. The proposed site is adjacent to the Police Department. • Senior Housing Rehab (PEP): The PCDC approved $300,700 in additional funding to PEP in January to, rehab aging Jow income housing: units. • Vietnam Vets of CA: Funding is reduced by $25,000 as these funds will be carried over for expenditure next year. • Mortgage Certificate Program: $7,500 in funding for this program has been deleted as no funds are going to be expended this :fiscal year. • Real Property Purchase: $250,000 has been deleted from this fund as the purchase of the property is deferred. • HousingProjects Management: A reduction of $1,950 is included to reflect lower copier° charges. • Reserve for Mobile Home Rent Control: A reduction of - $6,000 is included to reflect a $6,000 additional appropriation for legal charges. • Reserve for 1 Time Homebuyer. Program: A reserve of $1,487,800 has been eliminated as the program has been transferred to the Housing In -Lieu Fund. • Reserve for Land Acquisition: $3,000,000 has been eliminated from this reserve .as :there were insufficient funds in the beginning fund balance. • Reserve For Unspecified.Housing Projects: The reserve is reduced by $354,596 to $131,992. Debt Service Fund;(904) a FY 2002 -03 Beg nning'Debt Service Reserve: The beginning reserve has been'increased by'$781 974 to a total of $880,785. • Transfers In & Debt Service Payments: No change. Page 10 CENTRAL BUSINESS DISTRI*OJECT AREA REVENUES & EXPENDITURES FY 2002 -03 BUDGET &' FIVE -YEAR FORECAST REVENUES AND EXPENDITURES BY PROJECT AREA FY 99 -00 FY 00 -01 FY 01 -02 FY 02 -03 Actual Actual Actual Budget CENTRAL BUSINESS DISTRICT PROJECT AREA REVENUES AND TRANSFERS IN 1 Beginning Reserves for Projects 2 Beginning Funds; Available 3 Property Tax increment Revenue 4 Other Revenues 5 Transfers In & Loans from PCD Fund,902 6 7 TOTAL REVENUES TRANSFERS IN 8 9 EXPENDITURES AND TRANSFERS.OUT 10 Administration 11 Projects 12 Downtown 13 Circulation and Parking 14 Pedestrian. Environment 15 Loans, Interest & Credits 16 Transfers Out 17 Transfer out to Housing. Fund 18 Transfer out to De6tService Fund 19 Transfer out to General Fund for Security Patrol 20 Reserves for Future Projects 21 TOTAL EXPENDITURES, TRANSFERS OUT 22 & RESERVES 23 24 UNRESERVED FUNDS AVAILABLE • Increase/ FY 03 -04 FY 04 -05 FY 05 -06 FY 06 -07 FY 07 -08 (Decrease) Projected Projected Projected Projected Projected 0 0 0 20,000 (20,000) 20,000 20,000 20,000 20,000 20,000 (22,960) (114,644) (82,704) 0 (688 285)i} (688,285) 0 0 0 0 0 467,732 485,028 531,536 806s ,500 573 390 (233,110) 619,261 668,802 1,076,600 1,277,700 1,465,400 13;058 15,898 16 81,500c f >81 500 ; 0 235;500 235;500 437 253,500 253 114,645 82,704 0 2,729,3004983�3 1,454,423 10,442,541 292,427 (183 (4,542,989) 95,451 572,475 468,986 465,767 3;637,300 150328` 513,028 11,317303 1,216,729 1;x149,711 (2991,789) 1,834 uxi - ? 75,509 194,914 173,866 448;800 461 1,5 50 ; 12,750 470,950 374,968 401,391 425 446 214 79,182 110;663. 235,000 235 000 ? 0 161,000 185 110,000 110,000 110;000 41,530 30,493 331,596 763,000 -+ �;,, 861 500, 98 434,000 234,000 234,000 250,000 250,000 2,197 4,630 319;012 1 548,400 9,600,000 0 0 0. 0 37 38 38 364;200 `�'264200e" (100,000) 368,500 130,000 33,000 150,000 175 93,547 97,768 106,784 161,300 114678 s- r (46,622) 123;852 133760 215;320 255,540 293,080 82,954 489 48;600 133,000 131000P ; 0 139,000 139,000 •136;000 537,000 537,000 25,000 25,000 25,000 0 fi '"K '`0 0 0 0 0 0 0 0 0. 0 20,000. a ,.�4�Sc 20 000 0 20 20,000 20;000 20,000 20,000 572,475 470,917 1,154,052 3,637,300 ' `'" "4150326 513 11,317,303 1,216,729 1,149,711 1,748,211 1,834,351 ti 0 0 (688;285) 0,;�,- _ 0 0 0 0 . 0 0 C of Petaluma, California - Petaluma Community Development Commission 2/5/2003 1:45 PM PCDCFY2002- 03FinalBudgetAdjustedW01- 02Actuals &Mid- YearForecast.XLS PCDC detail 1 CENTRAL BUSINESS DISTRICT PROJECT AREA REVENUES & EXPENDITURES FY 2002 -03 BUDGET & FIVE -YEAR FORECAST REVENUES AND EXPENDITURES BY PROJECT AREA FY 99 -00 FY 00 -01 FY 01 -02 FY b2-03 FY 02 03 ca Increase! FY 03 -04 FY 04-05 FY 05 -06 FY06 -o7 FY 07 -08 Actual Actual Actual Budget a Mid'Year _ Decrease Pro ected Pro ectetl Pro ected Projected Projected (Adjusted B' et 78;798 CENTRAL BUSINESS DISTRICT PROJECT AREA 4 0 - 1 Beginning Reserves;forProjects 0 0 2 Beginning Funds Available (22,960) (114,644) 3 REVENUES 70,000 110,000 4 3100 Property Tax Increment 467,732. 485,028 5 3500 Interest�_Earnings 7;758 4,438 6 3600 Miscellaneous Revenue 212 365 7 3700 Parking Lot Revenue 5,088 11,095 8 TOTAL REVENUES 480;790 500,926 9 0 i 0 10 TRANSFERS IN 0 0 11 Transferin,Net,Bond Proceeds '2005 TABs 0 0 12 Transfer In 0 1,931 13 0 0 0 14 TOTAL,R_ESERVES, REVENUESCAND TRANSFERS'IN 457;830 388,213 15 234',000 250,000 250;000 16 EXPENDITURES (233;110) 854 17 ' Adtnmstratia w 1,531,200 1,718',900 18 _ __. 85.05' Project Administration 7,299 67,684 19 8508 CBD`Plan Amendment (Seifel;_ #1) 38;208 104,034 20 8538 SB -2557 Co .Collection Fee 9,602 .8,935 21 9990 General Plan Administration 0 6 22 8539 Indirect Overhead 20,400 14;261 0 Subtotal Administration 75;509 194,914 23' pp ` ' 0 0 0 MTWf1tOWr1 wr 0 0 24 8512 ,URM Project 106;769 3,613 25 8517 Petaluma Downtown Assoc. 98,247 73 26 8518 Special Projects (941,395) 874,761 27 Downtown: Security 9,642 1,633 28 Sidewalk Maintenance 0 0 29 Summer Youth Work Program 0 0 30 Subtotal Downtown 214,658 79,182 78;798 280,900 4 0 6;847 18,150. .59;000 109,400 25;200 40,350 173,866 448,800 30,663 125,000 70,000 110,000 0 0 10,000 0 0 0 110,663 235,000 15,000 304,777 313,920_ 323,338 3,000 0 0 0 (5,250) 13,933 15,048 24,224 0 109;240 0 0 0 43;000 46,000 53;830 12,750 470,950 374,968 401';391 0. 51,000 75,000 0 0 110;000 110;000 110,000 0 0 0 0 0 0 0 0 0 0 0 0 425,671 0 110,000 0 0 0 161,uuu 1tib;uuu IIU,uuu 7 343;029 0 32,972 0 73,270 449,271 0 110,000 0 0 0 City of Petaluma, 'California Petaluma Community Development Commission 0 (82,704) 531,536 2,498 1,079 13.358 0 0 20,000 A,�� 0 ' (20 20,000 20 20 20,000 20,000 0 1(686 285)¢ (688,285) 0 0 0 0 0 ,- 0 806500 �'� 573390I (233,110) 619,261 668,802 1,078;600 1,277,700' 1,465,400 1,500 1`500 0 0 1,500 1,500 3,000 3;500 3;500 0_ '0 0 0 0 0 0 0 80,000 rv. x 0 234,000 234,000 234',000 250,000 250;000 888 ­`Q`- " (233;110) 854 904,302 1,313,600 1,531,200 1,718',900 sz 0' xrr �rm�0 0 0 0 0 4,740,000 0 0 0 0 0 0 0 0 0 908 000 �' (33k395)z (941,395) 874,761 924,302 1,333,600 6,29,1,200 1,738,900 333,038 0 28,748 0 63;885 2/5/2003 1 PCDCFY2002- 03FinalBudgetAdjustedW01- 02Acivals &Mid- YearForecaSCXLS PCDC'detafl 2 s CENTRAL BUSINESS DISTRISROJECT AREA REVENUES & EXPENDITURES FY 2002 -03 BUDGET & FIVE -YEAR FORECAST REVENUES AND EXPENDITURES BY PROJECT AREA FY 99 -00 FY 00 -01 FY 01 -02 FY 02 -03 Actual Actual Actual Budget 31 Circulatio and Parking 131225 440,000 32 8511 Parking Garage MainV urity 39,751 28,491 33 9725 Underground Tank Monitor 1 2,002 35 9993 Parking Garage Improvements 0 0 36 Subtotal Circulation and Parking 4,1,530 30,493 38,531 IP�estr ia n� Envrronm�r 38,531 364,200 973,668 _�;e�� 106,784 161,300 37 8515 Downtown Improvements 0 0 0 5452 Geritral Petaluma Specific 0 0 38 9016 Cent: Pet. Specific' Plan Implementation 0 0 39 9040 Petaluma Railroad Depot' Restoration. 0 0 40 9792 Riverwalk Improvements 0 0 '41 8516 Plaza Restroom Maintenance 2,197 4,630 42 Subtotal Pedestrian Environment - 2,197 4,630 43 Loa slinteresflC drts r x - 7 0 0 0 139,000 139,000 136;000 44 8507 Passthrough Payments to Others 0 0 45 8551 Storefront Improvement Loan-Program 0 0 46 8510 CBD Loans & Assessment Credits 37,080 38,441 47 Subtotal Loans /Interest/Credits 37;080 38,441 48 49 TOTAL EXPENDITURES 370,974 347660 50 95,451 0 20,000 51 TRANSFERS OUT 20,000 20,000 52 Transfers out to Low /Mod Housing Fund 903 93,547 97,768 53 Transfers to Gen Fund for Foot Patrol Services :25(000 25 54 Transfers out to Debt Service: 1984 TAB 82,954 0 56 Transfers out to Debt Service: 2005A TAB 0 0 57 Transfers out to Debt Service: 2000B TAB 0 489 58 Subtotal Transfers Out 201,501 123,257 59 66 TOTAL EXPENDITURES & TRANSFERS OUT 572,475 470,917 1 61 INTERFUND LOAN FROM PROJECT`AREA (902) 114;645 82,704 62 63 ENDING.FUNDS AVAILABLE 0 0 64 68 Reserve for Contingencies 0 0 70 71 UNRESERVED FUNDS AVAILABLE 0 0 72 73 Cumulative Interfund Loan From PCD Project Area Fund 9( 114,645 82,704 331,596 763,000 131225 440,000 0 0 0 100;000 0 550,000' 303,723 422;000 2,064 Q_ 319;012 1,512000 0 25;700 0 300,000 38,531 36;500 38,531 364,200 973,668 3,323,000 106,784 161,300 25,000 0 0 0 0 0 2 3,617,300 0 2,729;300 0 20,000 688,285) 0 688,285 3,496,104 • Increase/ FY 03 -04 FY 04 -05 FY 05 -06 FY 06 -07 FY 07 -08 (Decrease) Projected Projected Projected Projected Projected 0 234,000 234,000 234,000 250,000 250,000 0 0 0 0 0 0 98,500 200,000 0 0 0 0 98,500 434,000 234,000 234,000 250,000 250,000 150,000 5,000,000 0 0 0 0 308,400 0 0 0 0 0 0 100,000 0 0 0 0 0 0 0 0 0 0 90(000 4 0 0 0 0 0 0 0 0 0 0 b46,4 U;6UU,000 U 0 0 0 0 30;000 30,000 33,000 150,000 175,000 (100,000) 300;000 100 0 0 0 0 38,500 0 0 0 0 (100,000) 368,500 130,000 33,000 150,000 175,000 559,650 11,034,450 923,968 778,391 935,671 984,271 (46,622) 123,852.. 133,760 215,320 255,540 293,080 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 400;000 400;000 0 139,000 139,000 136;000 137,000 137,000 (46,622) 262,852 272,760 351,320 792;540 830,080 513,028 11,297,303 1,196,729 1,129,711 1J28,211 1,814,351 1,454,423 10,442,541 292,427 (183,889) (4,542,969) 95,451 0 20,000 20,000 20,000 20,000 20,000 0 20,000 20,000 20,000 20,000 20,000 0 0 0 0 0 0 687,619 14;626,265 14,918,691 14,734,803 10,191,814 10,287,265 City of Petaluma, California - Petaluma Community Development Commission 2/5/2003 1'45 PM PCDCFY2002- 03FinalBudgetAdjustedW01- 02Actuais &Mid- YearForecast.XLS PCDC detail 3 40,205 80,000 n n COMMUNITY DEVELOPMENT,PROJECT AREA City of Petaluma, California 7 Petaluma' Community; Development.Commission 2/51 2003,1 PCDCFY2002- 03FinalBudgetAdjustedW01- 02Actuals &Mid- YearForecast.XLS - PCDC detail 4 REVENUES AND EXPENDITURES BY PROJECT AREA _ FY 99 -00 Actual FY 00 -01 Actual REVENUE & EXPENDITURES FY 2002 -03 BUDGET & FIVE -YEAR FORECAST FY 01 -02 FY 02-03 , FY 02-03 Actual Budget i Mld Year , �Adjusted.Budget Increase/ (Decrease). FY 03 -04 Projected FY 04 -05 Projected FY 05 =06 Projected FY 06 -07 Projected FY 07 -08 Projected y REVENUES AND TRANSFERS IN� 1 Beginning Reserves 238;346 2,009,753 0 816 804 6 X 210 100 (606,704) 50;000 50;000 50;000 50;000 50,000 2 Beginning Funds Available (2,128,403) 11 15,329;50,1 15,777 886 �13 784 807< (2 8,076,771 961,496 17,506,034 17,2741,833 25,591;094 3 Property Tax Inc eme_nt Revenue 5,580;074 7,332,231 9,787;076 11,630 800 1000 000 (930,800) 11,770 12,947;000 14;241,700' 15,665,870 17,232;457 4 Other Revenues 162;041 1,170;407 487,336 552 000552 000 `, 0 550 1,000,000 1,000;000 1,000,000, 1,500 5' Transfers In 2004A Tax Allocation.Bond Proceeds 0 0 0 0 f� 0 0 0 0 D 18,380,000 0 0 0' 0 0 0 0 6 Transfers In: 2000A.Tax Allocation Bond Proceeds 18,000;000 59,241 0 0 X Other In 0 407,358 0 0 : 0 6,600,000 0 0 0 0 8 TOTAL REVENUES AND TRANSFERS IN 21,852;058 22,570 25,603,913 - 28,777 490 -, '25 226 7 -- 90 ! `rte 2 (3;550,583) 27,046_ ?771 33,338;496 32;797,734. 33990;703 44,373,551 y .� 10 EXPENDITURES: AND TRANSFERS OUT M_ 11 Administration 1,237,287 356,784 662,207 1,176;400 1 170;6503 (5,750) 942,073 898;322 969,731 1,047,649 1,132,685 -12 Projects. L 13- Downtown 45;255 0 0 80,000 =�80 000 0 0 0 0 0, 0 14 Circulationrand Parking. - 0 :70;523 0 0�, 500 000 t' ..500,000 3;000,000 3,000;000 2';500,000 0 _0 15 Pedestrian Environment- 18,175 38,530 136,971 408 000 408 000 ' 0 2,100,000: 50,000 0 0 0 0 16 Public Improvements 0 0 0 200 000 X200 000 0 200,000 300,000 200,000 0 17 Economic. Revitalization 253,857 21,888: 80,713 7,000 - 513 000 506,000 512;000 512,000 512,000 12,000 12,000 18 Passthroughs, Loans &.Interest 1,985,722 2;313j205 3,109,842 3;967 800 52 263 6 (315,538) 4,014',989 4,413;988 4,852,886 5,335,675 5 19 Transfers Out to Other Funds 20 Transfers Out:(Loan) to CBD Funtl;901 116 0 688,285 2;729 300 4183 723'4 1,454,423 10,442,541 292,427 (183;889) (4,542,989) 95,451 21 Transfers Out to Housing Fund 903 1,033,103 1,395,572 1,873;685 : r< 2,326 200 s2 140;000 (186,200) 2,354;000 2 2,848,340 3 3,446,491 22 Transfers Outdo Debt`Service,Fund 904 631,544 2;991,923 2,346,800 2,252 500 , M '2 252 500 0 2,469,672 3,726327 3;773,826 3264 3;265,400 22. Transfers Outdo TOT Fund, 0 0 300,000 300 000 X300 000 0 0 0 0 0 0: 23 Transfers Out to Traffic Fund 0 0 0 1,300 000 300 000 a 0 0 0 0 0 0 24 - Transfers Out,to Storm; Drain Fund-210 4;887,179 0 0 100,060 #.100 000 0 0 0 0 100,000 100,000 25 Transfers 06t to Marina7Fund 607 52,500 52,500 0 300;000 r; B00 000 0 0 0 0 0 0 26 Reserves for Future Projects 6,800,000 0 0 50,000 �� 50`00 0 50,000 50 50,000 50,000 50,000 27 TOTAL EXPENDITURES, TRANSFERS OUT 17,060,622 7,240,925 9,198,503 15,197,N1 q A 150 136: :1,952,935 26,085,275 15,832,463 15,522 8 13,968,769 28 & RESERVES 1' $ 29 x s fy, 30 UNRESERVED FUNDS AVAILABLE 4,791,436 15,329,501 13,974,907 13,580 289 i 8 076 771;a (5,503;518) 961,496 17,506,034 17,274,833 25,591,094 30,404,782 City of Petaluma, California 7 Petaluma' Community; Development.Commission 2/51 2003,1 PCDCFY2002- 03FinalBudgetAdjustedW01- 02Actuals &Mid- YearForecast.XLS - PCDC detail 4 COMMUNITY DEVELOPME00JECT AREA REVENUES & EXPENDITURES FY 2002 -03 BUDGET & FIVE -YEAR FORECAST REVENUES AND EXPENDITURES BY PROJECT AREA FY 99 -00 FY 00 -01 FY 01 -02 FY 02 -03 FY0203 Increase/ FY 03 -04 FY 04 -05 FY 05 -06 FY 06 -07 FY 07 r Actual Actual Actual Budget Mld- Year (Decrease) Projected Projected Projected Projected Projected Adjust , ;Budget t'> 2/5/2003 1:45 PM PCDCFY2002- 03FinalBudgetAdjustedW0 1- 02Actuals &Mid- YearForecast.XLS PCDC detail 5 COMMUNITY DEVELOPMENT PROJECT AREA z 4 } KF S Mr 1 Beginning Reserves for Projects ,238;346 2,009,753 0 816,804 210`100 (606,704) 50 50,000 50,000 50,000 50,000 2 Beginning Funds; Available (2,128;403) 11,591,436 15 15,777,886 13;764807: (2 8,076,771 961,496 17,506;034 17,274,833 25,591,094 3y 4 REVENUES' 5 3100 Property Tax Increment. 5,580;074 7,332,231 9,787,076 11,630,800 10 700 000 z' (930,800) 11,770,000 12,947,000 14,241,700 15,665,870 17,232,457 '6' .3500 Interest Earnings 137,041 1,003,995 474,285 552,000 552 000 0 550,000 1,000 1;000,000 1,000,000 1,500,000 .T 3600 Miscellaneous Revenues 25 105;000 13,051 0- �r,�f, 0 0 0 0 0 0 '.8 .3700 Property Owners Contributions .0 61,412 ..0 0 x. "w'rs, =. 7. ,0 .. 0 0 0 0 0 0 __9 TOTAL REVENUES 5,742;115 8;502;638 10;274,412 12,182,800 ` ^11;252000',x', (930,800) 12;320,000 13;947,000 15,241,700 16665870 18;732;457 11 TRANSFERS IN: 12 Gross 2000 Bond Proceeds 18;000;000 59241 0 0� 0 0 0 0 0 0 0 13 Net 2004 Bond Proceeds 0 0 0 00 0 0 18,380,000 0 0 0 14 Interest on Debt'Svc Reserve 0 0 0 0' 0 0 0 0 0 0 0_ 15 Proceeds of 1992 Bond Reserve 0 407;358 0 0 °u 0, 0 0 0 0 0 0 16 Transfer in From Storm Drain Fund 210 0 0 0 0�" .` 0 8,600;000 0 0 0 0 17 TOTAL TRANSFERS IN 18,000,000 466599 0 0 O j: 0 6,600,000 18;380,000 0 0 0 18 TOTAL REVENUES AND TRANSFERS IN 21,852,058 22,570,426 25,603,91 28,777,490 25;226;907K (3;550;583) 27,046,771 33,338,496 32,797,734 33;990,703 44,373 19 - ?� 20 EXPENDITURES 1 f 21 Admtnisfation °`� y ' 22 23 _ 8505 Project Administration 8509 Cost of Issuance for 2000 TABs 112,661 717,4,70 164,720 158 164,894. 0 264;500 0- �' y 279 500 , 0 15,000 0 273,758 0 283,339 0 293,256 0 303;520 0 314,143 0 24 8508 P6D Plan .Amendmenf(Seifel#4) 58,524 14,486 0 0 ' �..... 0 0 0 0 0 0 25 '8513 PCD TAB•Fiscal Svcs (Seifel #3) 11,392 1,776 0 0 0 0 0 0 0 0 26 8538 SB -2557 County Collection Fee 110,637 102,954 121;563 261,700 L ,240 750 (20,950) 264,825 291;308; 320,438 352,482 387,730 27 8525 Marina 'Hotel'Study 69,136 20,106 0 0 0 0 0 0 0 28 8531 P,roj;Area AlternativesrAnalysis (Seifel #2) 7,267 534 0 0 r k 0 0 0 0 0 0 0 29 9990 General Plan Update 0 0 186;000 1,09;400 x ` 109 4000 0 109,240 0 0 0 0 29a AB 1768- (ERAF) Shift to State of California 0 0 0 0 250 200 ; 250,200 0 0 0 0 0 .30 . 8552 Real_;Property Purchase (27 Howard). 0 0 0 250,000 1 �fi4 0 (250,000) 0. 0 0 0 0 31 8539 City Indirect,Overhead 150,200 52 189,750 290,800, 290 800; A 294;250 323,675 356,043 391,647 430,811 32 Subtotal Administration 1,237,287 356 662,207 1,176,400 1 170 650: (5,750) 942,673 _. 898322 969,737 1,047,649 1,132,685 i 33 110 nE 34 8512 URM Project 45,255 0 0 80,000 680,000,° 0 0 0 0 0 0 35 Subtotal Downtown 45,255 0 0 80,000 - ':80,000,•. 0 0 0 0 0 0 36 37 [Crr ula att Pafkthg A 38 9014 Corona Road Highway Improvements 0 70,523 0 0O 0 0 0 0 0 0 39_ 9999 Road &Circulation Improvements 0 0 0 0' k 1 500,000 3,000,000 3,000,000 2,500000 0 0 40 Subtotal Circulation and Parking 0 70,523 0 0 ry,500 000,;. 500,000 3,000,000 3,000,000 2,500,000 0 0 City of Petaluma, California - Petaluma Community Development Commission t'> 2/5/2003 1:45 PM PCDCFY2002- 03FinalBudgetAdjustedW0 1- 02Actuals &Mid- YearForecast.XLS PCDC detail 5 COMMUNITY DEVELOPMENT PROJECT AREA REVENUES & EXPENDITURES FY 2002 =03 BUDGET & FIVE -Y,EAR FORECAST 41 REVENUES:'AND,EXPENDITURESBY PROJECT AREA FY 99 -00 FY 00 -01 FY 01 -02 FY'02 03 b`' FY 02-03 ``. Increase/ FY 03 -04 FY 04 -05 FY 05 -06 FY m -07 FY 07 -08 42, Actual Actual Actual Budget Mid Year, s (Decrease) Projected Projected Projected Projected Projected r U s a' 43 _,Adtusted_Budget • 44' t t PedPS�trtanIEt `VirOttmetlt � Crossing 0 0 0' 0 0 0 0' 0 0 50 Subtotal Pedestrian, Environment 18,175 38,530 136,971 =air �Kp 51 Public Improvements < _ a ma a. 52 9724 Flood Control lmprovemenWroject 0 0 0 53, 9023 Gateway Landscaping,& Capital Improvements 0 0 0 54 9013 Klaas Center Renovations 0 _ 0 0 55 Subtotal !Public Improvements 0 0 0 56 Ec RevilMlizatton �. 57 5116 Economic,DevelopmentlPromotion 0 0 58 5452 Central PetalumaSpecific'Plan 39;278 20_ 79&,583' 59 8518 Land Use Study- No., McDowell /ORH 0 0 0 60 85:19. Corona,Reach�,Specific Plan 213,447 0 - 0 61 8526 LOK Petaluma .Marina Hotel'OPA _ 0 0 1',130: 62+ 8530 Auto; Plaza Project 1,132 1;220 63 8609 Assessment District #19 Auto Plaza 0 '0 0' 64 9992 CBD Property Acquisition 0 0 0 65 Subtotaf Economic Revitalization 253;857 21;888 80,713 67 P�as,,sthro gtislLoan�sllr►terest s` 68 8567 PasstFirough Payments;to 1,894,338 2;289;335 3,085,929 69 8514 Payment of, Loan Interest to Fund 903 59;518 0 0 70 8540 PCDC Loans'& Assessments 31;866 23;870 23,9,13 71 Subtotai'Passthroughs /Loans /Interest 1,985,722 2,313;205 3,109;842 72 73 TOTAL EXPENDITURES 3,540,296 2,800,930 3,989,733 t - - 200,000 5,000 0 0 0 0 2,000 0 0 3,942,800 0 5;839,200 0 2;100,000' 50;000 0 0 0 0 0 0 200,000 300,000 200,000 0 0 0 0 0 0 0 0 0 200,000 300,000 ;200 0 0 0 10,000 10,000 10,000 10,000 10,000 0 0 0 0 0 0 0 0. 0 0 0 0 0 0 0 0 0 0 500,000 500,000 500;000 500,000 0 0 6,000 2,000 2,000 2,000 2,000 2,000 0 0 0 0 0. 0. 0 -0 0' 0 0 0 •506,000. 512;000' 512;000 X512,000 12;000 12;000 (315,538) 3;989,989 4,388,988 4,827,886 5,310,675 5,841,743 0 0 0 0 0 0 0 25,000 25 25,000 25,000 25,000 (315,538) 4,014,989 4,413;988 4,852,886 5 5,866,743 684,712 10,769,061 9,174,309 9,034,623 6,395,324 7,011,427 City of Petaluma; California - Petaluma Community Development Commission 408,000 0 206,000 0 �C 2/5/20031 . P, CDCFY2002- o3FinalBudgetAdjustedWol- 02Actuals& Mid- YearForecast.XLS PCDC detail 6 " 50 Subtotal Pedestrian, Environment 18,175 38,530 136,971 =air �Kp 51 Public Improvements < _ a ma a. 52 9724 Flood Control lmprovemenWroject 0 0 0 53, 9023 Gateway Landscaping,& Capital Improvements 0 0 0 54 9013 Klaas Center Renovations 0 _ 0 0 55 Subtotal !Public Improvements 0 0 0 56 Ec RevilMlizatton �. 57 5116 Economic,DevelopmentlPromotion 0 0 58 5452 Central PetalumaSpecific'Plan 39;278 20_ 79&,583' 59 8518 Land Use Study- No., McDowell /ORH 0 0 0 60 85:19. Corona,Reach�,Specific Plan 213,447 0 - 0 61 8526 LOK Petaluma .Marina Hotel'OPA _ 0 0 1',130: 62+ 8530 Auto; Plaza Project 1,132 1;220 63 8609 Assessment District #19 Auto Plaza 0 '0 0' 64 9992 CBD Property Acquisition 0 0 0 65 Subtotaf Economic Revitalization 253;857 21;888 80,713 67 P�as,,sthro gtislLoan�sllr►terest s` 68 8567 PasstFirough Payments;to 1,894,338 2;289;335 3,085,929 69 8514 Payment of, Loan Interest to Fund 903 59;518 0 0 70 8540 PCDC Loans'& Assessments 31;866 23;870 23,9,13 71 Subtotai'Passthroughs /Loans /Interest 1,985,722 2,313;205 3,109;842 72 73 TOTAL EXPENDITURES 3,540,296 2,800,930 3,989,733 t - - 200,000 5,000 0 0 0 0 2,000 0 0 3,942,800 0 5;839,200 0 2;100,000' 50;000 0 0 0 0 0 0 200,000 300,000 200,000 0 0 0 0 0 0 0 0 0 200,000 300,000 ;200 0 0 0 10,000 10,000 10,000 10,000 10,000 0 0 0 0 0 0 0 0. 0 0 0 0 0 0 0 0 0 0 500,000 500,000 500;000 500,000 0 0 6,000 2,000 2,000 2,000 2,000 2,000 0 0 0 0 0. 0. 0 -0 0' 0 0 0 •506,000. 512;000' 512;000 X512,000 12;000 12;000 (315,538) 3;989,989 4,388,988 4,827,886 5,310,675 5,841,743 0 0 0 0 0 0 0 25,000 25 25,000 25,000 25,000 (315,538) 4,014,989 4,413;988 4,852,886 5 5,866,743 684,712 10,769,061 9,174,309 9,034,623 6,395,324 7,011,427 City of Petaluma; California - Petaluma Community Development Commission 408,000 0 206,000 0 �C 2/5/20031 . P, CDCFY2002- o3FinalBudgetAdjustedWol- 02Actuals& Mid- YearForecast.XLS PCDC detail 6 " t - - 200,000 5,000 0 0 0 0 2,000 0 0 3,942,800 0 5;839,200 0 2;100,000' 50;000 0 0 0 0 0 0 200,000 300,000 200,000 0 0 0 0 0 0 0 0 0 200,000 300,000 ;200 0 0 0 10,000 10,000 10,000 10,000 10,000 0 0 0 0 0 0 0 0. 0 0 0 0 0 0 0 0 0 0 500,000 500,000 500;000 500,000 0 0 6,000 2,000 2,000 2,000 2,000 2,000 0 0 0 0 0. 0. 0 -0 0' 0 0 0 •506,000. 512;000' 512;000 X512,000 12;000 12;000 (315,538) 3;989,989 4,388,988 4,827,886 5,310,675 5,841,743 0 0 0 0 0 0 0 25,000 25 25,000 25,000 25,000 (315,538) 4,014,989 4,413;988 4,852,886 5 5,866,743 684,712 10,769,061 9,174,309 9,034,623 6,395,324 7,011,427 City of Petaluma; California - Petaluma Community Development Commission 408,000 0 206,000 0 �C 2/5/20031 . P, CDCFY2002- o3FinalBudgetAdjustedWol- 02Actuals& Mid- YearForecast.XLS PCDC detail 6 " 0 0 0 0 0 200,000 300,000 ;200 0 0 0 10,000 10,000 10,000 10,000 10,000 0 0 0 0 0 0 0 0. 0 0 0 0 0 0 0 0 0 0 500,000 500,000 500;000 500,000 0 0 6,000 2,000 2,000 2,000 2,000 2,000 0 0 0 0 0. 0. 0 -0 0' 0 0 0 •506,000. 512;000' 512;000 X512,000 12;000 12;000 (315,538) 3;989,989 4,388,988 4,827,886 5,310,675 5,841,743 0 0 0 0 0 0 0 25,000 25 25,000 25,000 25,000 (315,538) 4,014,989 4,413;988 4,852,886 5 5,866,743 684,712 10,769,061 9,174,309 9,034,623 6,395,324 7,011,427 City of Petaluma; California - Petaluma Community Development Commission 408,000 0 206,000 0 �C 2/5/20031 . P, CDCFY2002- o3FinalBudgetAdjustedWol- 02Actuals& Mid- YearForecast.XLS PCDC detail 6 " 684,712 10,769,061 9,174,309 9,034,623 6,395,324 7,011,427 City of Petaluma; California - Petaluma Community Development Commission 408,000 0 206,000 0 �C 2/5/20031 . P, CDCFY2002- o3FinalBudgetAdjustedWol- 02Actuals& Mid- YearForecast.XLS PCDC detail 6 " COMMUNITY DEVELOPMENOJECT AREA REVENUES & EXPENDITURES FY 2002 -03 BUDGET & FIVE -YEAR FORECAST REVENUES AND EXPENDITURES BY PROJECT AREA FY 99 -00 FY 00 - 01 FY 01 -02 FY 02 - 03 1 1 �11111 IbY 02-03 Increase/ FY 03 -04 FY 04 -05 FY 05 -06 FY 06 -07 FY 07 -08 Actual Actual Actual Budget Mrd -Year '� (Decrease) Projected - Projected Projected Projected Projected ___ �AdjustedBudgef 1 Transfers to Low /Mod Housing Fund 903 1,033,103 1,395 1,873,685 2,326,200 tw 2 140 � (186,200) 2,354,000 2,589,400 2,848,340 3,133,174 3,446,491 2 Transfers out to Debt Service Fund 904 .3 Tax ; Allocation Bonds (1992A) 298,015 391,549 0 0 0 0 0 0 0 0 4 Surety for 1992A TABs (In lieu of Reserve) $ 0 0 0 t =0 0 0 0 0 0 0 5: Tax Allocation Bonds (2001 A) 0 0 433,700 407,100 £ 407 100 0 403,900 404,800 400,400 405,500 405,500 6" Tax Allocation Bonds (2004) 0 0 0 0' L r 0 0 1,634,000 1,634,000 1,634 1,634,000 7 Tax: Allocation Bonds (2000) 0 1,130,976 1,112;200 1,111,400 si 111 400 0 1,110,400 1,104,200 1,107,900 1,101,200 1,104;400 8 9 Agreement Obligations(AD19 &Benson) Transfers Out to Transient Occupancy Tax Fund 333;529 1,469,398 800,900 734,000 5 734000 0 955,372 583,327 631,526 123,400 121,500 A 10- Economic Development/Tourism Promotion via;P� 0 0 300,000 300;000 300'000 3 0 0 0 0 0 0 11 Transiers.0ut'to Traffic Fund '12 McDowell /E. Washington Widening 0 0 0 1',300,000 300000 , 0 0 0 0 0 0 13 Transfers:Out.to Marina Fund 607 14 Operations /Debt Service Shortfall 52,500 52,500 0 0 0 0 0 0 0 0 0 15 Marina Dredging 0 0 0 '300,000. ,300 000. 0 0 0 0 0 - 0 16 Transfers Out to Storm Drain Mitigation Fund 210 _ 17 Payran Reach Flood Management Project 4,887,179 0 0 0 '0 0 0 0 0 0 0 18 Turning Basin Dredging 0 0 0 100,000. , 100 000 0 0 0 0 100,000 100,000 19 Transfers Out to CBD Fund 901 0 0 0 0, t0,,= 0 0 0 0 0 0 20 Subtotal Transfers Out 6,604;326 4,439,995 4,520,485 6,578,700 6 392 (186,200) .4,823,672 6,315,727 6,622,166 6,497,274 6;811,891 21 22 Interfund Loan to CBD Fund 901 116,000 0 0 0 x 0 0 0 0 0 '0 23 k ; ff. 24 TOTAL EXPENDITURES AND TRANSFERS OUT 10,260,622 7,240,925 8,510,218 12;417,900 F„ 12,916,413 498,512 15,592,733 15,490,036 15;656,789 12,892;598, 13;823,319 25 26 ENDING FUNDS AVAILABLE 11 15,329,501 17,093,695 4 16,359,590 a„.,,rs12,310 49 ,(4,049,095) 11,454;038 17,848;460 17;140;944 21,098,105 30,550,232 27 28. RESERVED FUNDS ; d 29. Interfund Loans to CBD 0 0 688 2,729,300 '"4`783 723 -. 1,454,423 - 10,442;541 292,427 (183,889) (4,542,989) 95 29a Other Interfund Loans, Receivables & Lar 0 0 2,430503 30 - Reserve for Overcrossing 0 0 0 0 �R z 0° 0 0 0 0 0 0 31 Reserve for.Corona_ Reach - Specific Plan 0 0 0 0 ,,0. 0 0 0 0 0 0 32 33 Reserve for P.ayran Reach Flood Project Reserve for Projects in the "5-Year lmplementatioi 6,800,000 0 0 0 0 0 0 D `� O 0 0 0 0 0 0 . 0 0 0 34 Reserve for Contingiencies 0 0 0 50;000 r `;x,..50 000,, °d 0 50 50,000 0 50 0 50 0 50 35 36 UNRESERVED FUNDS AVAILABLE 4,791,436 15,329,501 13,974 13,580,289 X8;076 771 (5,503;518) 961,496 17,506,034 17,274;833 25,591,094 30,404,782 37 38 CUMULATIVE INTERFUND LOAN TO CBD FUND 901 116,000 82,704 688,285 sr ' 3,496,104 s 4 183 687,619 14,626,265 14,918,691 14,734,803 10,191,814 10,287;265 City of Petaluma, California - Petaluma Community Development Commission may 2/5/2003 1:45 PM PCDCFY2002- 03F inalBudgetAdjustedW01- 02Actuals &Mid- YearForecast.XLS PCDC detail 7 LOW & MODERATE INCOME HOUSING FUND REVENUES &.EXPENDITURES FY 2002 -03 BUDGET & FIVE -YEAR FORECAST REVENUES AND EXPENDITURES BY PROJECT AREA FY 99 -00 FY 00 -01 FY 01 -02 FY 02 -03 s 1°tFY+02.03 Increase/ FY 03 -04 FY 04-05 FY 05 -06 FY 06 -07 FY 07708 Actual Actual Actual Budget Midyear' (Decrease) Projected Projected' Projected Projected Projected Adlusted•Budget LOW /MODERATE INCOME' 1 REVENUES;;& TRANSFERSIN 2 3 Beginning Reserves for Projects 4 Beginning Projects Available :5 .Other Revenues .6 Transfers lnfirom�' Other .Funds ••7 TOTAL REVENUES & TRANSFERS'IN 6 9 EXPENDITURES & 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 HomeownershiplRehabilitat on Programs 18 Community Revitalization Programs 19 ' Total Projects 20 Transfers (In) Out for Loans /Adjustments 21, 22 Reserves for Future.Projects Home 23 _ Mobile Hoe Rent Control 23a Reserve for 1st Time HorriebuyerProgram 24 Reserve for Land Acquisition 25 Unspecified Housing Projects 26 27 TOTAL EXPENDITURES, TRANSFERS OUT 28 & RESERVES 29 30 UNRESERVED FUNDS AVAILABLE 15;846 0 0 6,580 138 x' 12 000 - (6,568,138) 12;000 1;966,977 3,853,245 6,509;133 9,573,913 2,140,404 5;812;774 1,141,014 0 L382 6148: 382;614 131;992 0 0 0 0 210 318,654' 148;145 1,773000 s.1,71000� t (1,602,000) 291,950 100;620 176;071 282,306 404,898 1,126;650 1 1,980,469 2,487,500 0 2 254 678 (232,822) 2,477,852 2,723,160 3,063;660 3,388;714 3;739,571 3,493;417 7,624,768 3,269,628 10,840;638 2;820 292 (8,020;346) 2,913;794 4,790,757 7,092;976 10,180;153 13,718,382 ^ .� r -, s• 151,946 145,125 188;326 691,650 X439 700 r� (251;950) 460,918 426,612 447,943 470,340 493,857 595,816 624;515 722,686 1 0 0 _ (1 2000 2,000 2;000 2;000 2;000 49;317 - 78;336 74;349 386,400 .,# `�t 0' F (380,400) 0 0 0 0 0 458;974. 1 440974 1,592 400 Y 1 4,56 �0_` (136;000) 29,400 - 129;400. 29 29;400 29,400 84,268 82;890 319;799 1,006 500 `' 618 200 " (388,300) 352,000 377;000 2,000 2;000 2,000 41,807 174,245 290;671 242,500 z,,�150`ODO j (92,500) 102,500 102;500 102;500 102;500. 102 115,804 18;157 90 0 0 0 0 0_ 0 0 0 1,497,932 2,243,836 2,036 5,848250 2 (3,183 946,818 937;512 583,843 _ 606,240 629,757 (1,674) 31,336 850;119 0(6 -�' (850 0 0 -0 0 0 t 17,746 0 12;000 18 000 `, �„� 12000s (6;000) 18;000 18;000 18;000 18,000 18;000 0 0 0 1,487 800p0 (1;487 0 0 0 0 0 0 0 0 3,000 000 0 (3,000000). 0 0 0 0 9,555 0 13 1 5,349 370,614 486,588 F� A 131 9921 � (354,596) 1,948;977 3,835,245 6,491,133' 3,493 7,624,768 3,269;628 10,840 638 2 7 z4 .(8,032,346) 2,913,794 4,790;757 7,092,976 10 13,718;382 I 0 5,349,596 0 0 a 0" 0 0 0 0 0 0 31`. ESTIMATED ENDING .FUND BALANCE IN`s HOUSING IN -LIEU FUND: 0 3,984,610 5,486;886 5;121260 155363ft(3,567;624) 471,000 821;000 1,171,000, 1,521;000 1,871,000 City of Petaluma, California - Petaluma Community Development Commission . Cz 2/5/2003' 1 .IOPCDCFY2002- 03FnalBudgetAdjustedW01- 02Actuals &Mid- YearForecast.XLS PCDC detail 8 REVENUES AND EXPENDITURES BY PROJECT AREA FY 99 -00 FY 00 -01 FY 01 -02 FY 02 -03 Actual Actual Actual Budget LOW & MODERATE INCOM� USING .FUND 1,966,977 REVENUES & EXPE URES 17 FY 2002 -03 BUDGET & Beginning Reserves for Projects FIVE -YEAR FORECAST REVENUES AND EXPENDITURES BY PROJECT AREA FY 99 -00 FY 00 -01 FY 01 -02 FY 02 -03 Actual Actual Actual Budget - 15 . TOTAL TRANSFERS IN 1,126;650 1,493 1;980,469 16 LOW /MODERATE INCOME HOUSING FUND 1,966,977 3,853,245 17 1 Beginning Reserves for Projects 15;846 0 0 2 Beginning Funds Available 2,140,404 5,812,774 1,141,014 3 _ :382,948 800 20 4 REVENUES 25;000 21 5417 Singles Shelter Program (COTS) 5 Investment Interest 157,248 149,274 117,725 '6 Mobile: Home Rent. Control Admin 1,875 0 2,805 7 Charges: for Services 0 15,160 12,375 6 - Intergovernmental Revenue 37,914 , 51,751 11,417 9 Other Revenue 13,480 102,469 3,823 _ 10 _. TOTAL REVENUES 210517 318;654 148,145 1 , 1 Subtotal Homelessness 595;816 624,515 30 '12 TRANSFERS ' IN 2,000 ' 31 rTra nslttona lH uo smg_ 13 - From PCDC Project Areas 1,126,650 X1,493 }340 1 14. _ - From City Housingln -Lieu Fund 0 0 0 - 15 . TOTAL TRANSFERS IN 1,126;650 1,493 1;980,469 16 12,000 1,966,977 3,853,245 17 TOTAL REVENUES & TRANSFERS IN 3,493,417 7,624;768 18 EXPENDITURES 0 0 19 1 Home[es snesst Preven S Y r Ser,+nres� 12,000 78,670 154,121 _ :382,948 800 20 5412 Rental Assistance Program (PPSC) 0 25;000 21 5417 Singles Shelter Program (COTS) 43,909 52,137 22 ., 5425 Mediation Assistance Program (PPSC) 78,302 92,000 23 5436 Family.Shelter Program7Maint (COTS) 286,116 244,166 24 _ 5443 Housing Opportunity Site Acq (BH) 826 0 25 5456 Homeless Shelter /Opportunity Center 153,786 161 26_ 9725 Opportunity Center Facility- UST Monitor 24,015 29,620 27 5462 Rehab Dorm (COTS) 0 0 28 5457' Armory, Facility Set Aside 8,862 20,078 29 Subtotal Homelessness 595;816 624,515 30 2,000 2,000 2,000 ' 31 rTra nslttona lH uo smg_ 0 �� 0 32 5468 Transitional Housing / Path(SARMY) 49,317 69,854 33 5480 Emmaus House (COTS) 0 0 34 5445 Supportive Shared.Housing (COTS) 0 8,482 35 Subtotal Transitional Housing 49,317 78;336 36 (1,934;800) 2,000 2,000 37 IFainilyRbnt54PP ecfs_, _e..... _ _. 2,000 38 5432 Old Elm Village (BH) 378,021 27,823 39 5476 Boys & Girls Club 0 0 40 8550 Low /Mod Existing Housing Support 19,554 28,051 41 5465 CPSP Area Housing (EDEN) 61,399 1,064,694 42 Subtotal Family Rentals 458,974 1,120,568 6,580,138 0 263,200 2,000 0 0 1,507,800 1,773,000 2,487;500 - 0 2,487,500 Increase/ FY 03 -04 FY 04 -05 FY 05 -06 FY 06 -07 FY 07-08 (Decrease) Projected Projected Projected Projected Projected (6,568,138) 12,000 1,966,977 3,853,245 6,509,133 9,573,913 370,614 131,992 0 0 0 0 (107,200) 12,000 78,670 154,121 260,356 :382,948 800 1,950 1,950 1,950 1,950 1 0 12,200 0 0 0 0 0 0 258,000 0 0 0 0 (1,507,800) ,20,000 20,000, 20;000 :201000 .20,000 (1,602,000) 291,950 100;620 176;071 282;306 404;898 (234822) 2,477;852 2,723,160 3,063;660 3,388 3,739,571 0 0 0 0 0 0 (232,822) 2,477;852 2,723,160 3,063;660 3,388,714 3,739,571 1,032;346) 2,913,794 4,790,757 7,092,976 10,180,153 13,718;382 21,333 124,800 w K ' (124,800) 0 0 0 0 0 0 0 = 0 0 0 0 0 0 0 95,000 0 0 0 0 0 0 0 228,374 240;0000 { , (240,000) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 291,216 312000 (''.�' (312,000) 0 0 0 0 0 59,087 258,000 xuv 0 (258 2,000 2,000 2,000 2,000 2,000 0 0 0 �� 0 0 0 0 0 0 27,676 1,600,600" t (1,000;000) 0 0 0 0 0 722,686 1,934;600 m a s 0 (1,934;800) 2,000 2,000 2;000 2,000 2,000 0 0 66,949 60, 00 0 0 (60;000) (60;000) 0 0 0 0 312900 (312,900) 0 0 0 0 0 7,400 7,500� (7,500) 0 0 0 0 0 74,349 380;400 0, (380,400) 0 0 0 0 0 40 0 0 0 0 0 0 0 0 100,000 136,000 r >'" 0 (136,000) 0 0 0 0 0 28,122. 29;400 ' s`29 400'+, �r 0 29,400 29,400 '29,400 29,400 29,400 312,812 1,427,000 x,,1;427000; 0 0 0 0 0 0 440,974 1,592,400 3 .1;456 400 - (136,000) 29,400 29,400 29,400 29,400 29,400 City of Petaluma, California - Petaluma Community Development Commission C? 2/5/2003 1:45 PM PCDCFY2002- 03FinalBudgetAdjustedW01- 02Actuals &Mid- YearForecast.XLS PCDC detail 9 LOW & MODERATE INCOME HOUSING FUND REVENUES & EXPENDITURES FY 2002 -03 BUDGET` &. FIVE -YEAR' FORECAST REVENUES AND EXPENDITURES BY PROJECT'AREA FY 99 700 FY 00 -01 FY 01 -02 FY 02.6 ­ 02 03� 3 Artuni Actual Actual Budget 1 HU Year 62 i"S,enio�lSpecaleeds,Prolec�& og�'ia�ris 115,804 18,157 90 63 43 5481 Cedar Grove (PEP) 0 0 0 500,000 44 5444 Mobile 65 40 10;823 2,000 45 5475 'The Boulevard'(Buckelew Programs) 0 0 0 300;000 46 '5466 Edith St (P.EP) 84;203 27,449 0 0 67 Senior Housing, Rehab (PEP) 0 0 0 0 47 +5474 Ueb Douglas;Street SeniorProject,(PEP) 0 55;401 308,976' 204 ;500 48 Subtotal'Senio rProjects 84,268 82;890 319,799 1,006 ;500 49, 100, 0o0 71 TOTAL. EXPENDITURES 1,497;932 2 50 H_ orr% awner_ shiplReh ,.�.ams?„ Other(Sources) &,Uses 0 0 D 51 5437 Mortgage Certificate • Program 0 0 0 7,500 52' 5440 Facility Maintenance &.Rehab 10,547 113,816 226,208 100;000 53 5467 Below Market Rate Admin (BHDC) 0 0 16,967 6 54 5482 Vietnam Vetrans,of CA: Rocca Drive Rehab 0 0 0 75;000 55 - 5459 "Rebuilding Together" Housing Rehab 31,260 60,429 47,496, 60;000 56 Subtotal Homeownership /Rehabilitation 41•,807 174;245 290;671 242;500 57 2/5/20031 PCDCFY2002- 03Fi6alBudgetAdjustedW01- 02Actuals& 58 C R I Pr�_r ams 59 _mmu�ity 5453 McNear Park: Senior Apts (PEP) 24 6 0 0 60 5469 Neighborhood Revitalization 91,143 18,157 90 0 61 5470 Low /Mod Disaster;Recovery Program 357 0 0' 0 62 Subtotal `Community.Revitalization 115,804 18,157 90 63 6,000, 2;000' 2;0 2,000 64 AdrriinistidtionfP jOgfa111S 2,000 (200,000) 250,000 0 0 m 0 0 0 65 8539' Indirect Overhead 0 0 34,000 66 8552 Real Property'Purchase 0 0 0 67 9990 GeneralFamAdministration 0 0 6;750 68 5401 HousingProjects Management 151,946 145,125 147,576 69 Subtotal' Administration 151,946 145,125 188,326 70 2,500 2500 0 100, 0o0 71 TOTAL. EXPENDITURES 1,497;932 2 2,036,895 5, 72 Other(Sources) &,Uses 0 0 D 73 Equity'Adjustments'.Park`Ln, Encumbrances (1,674) 31,336' 850,1,19 74 (60 0 0 0 ;75 TOTAL ,EXPENDITURES "& ADJUSTMENTS 1,496,258 2;275,172', 2;887;014 _ 5, 76 _ 102 0 0 . 97 _ . ENDING . _ FU ., NDS AVAILABLE 1,997;159 5,349,596 38 2,614 4, 78 0 250;000 54,700 386,950 691,650 0 Increase /' FY 03 -04 FY 04 -05 FY 05-06 FY 06 -07 FY 07 -08 (Decrease) Projected Projected Projected Projected Projected (495,000) 100,000 375,000 0 0 0' 6,000, 2;000' 2;0 2,000 2,000' 2,000 (200,000) 250,000 0 0 0 0 0 0 0 0 0 0 300,700 0 0 0. '0 0 0 0 0 0 0 0 (388,300) 352,000 377000 2,000 2,000 2;000 (7- ,500), 2,500 2,500 2,500 2,500 2500 0 100, 0o0 100,000 100,000 100,000 100,000 0 0 0 0 0 D (25,000) 0 0 0 0 0 (60 0 0 0 0 0. (92,500) 102,500 102,500 102;500 102 102 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6 0 0 0 0 0 (250;000) 0 0 54,620 (1,950) 406;298 (251,950) 460,918 1.183:950) 946;818 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Zj 447,943 470;340 493,857 2. 447,943 470;340 493,857 937,512 !48;396) 1 0' 0 0 629,757 0 0 2 583) 79' 80 RESERVED.FUNDS Mobile Home Rent Control 1],746. 0 12;000 18 000 12 000 (6,000) 18;000 18,000 18,000 18,000 18,060 81 Reserye for Homebuyer Program' 0 0 0, 1,487 8D0 �km �0) (1,487;800) 0 .0 0 0 0 0 82 Reserve for Land Acquisition 0 0 0 3,000 000 %) 0' (3000,000) 0 0 0 0 83 Unspecified Housing Projects 1,979;413 0 370 486,588 131;992,' '(354,596) 1;948;977 3;835,245 6,491.133 9,555.913 13,070,625 84 �� a 0 0 0 0 85 - UNRESERVED:FUNDS AVAILABLE 0 5 6 0 e x .10% 0 0 85 86 Estimated Ending Balance'An Housing In -Lieu Fund' 3 5,486,886 5,121 260 1'553 636 (3,567,624) 471,000 821,000 1,171 1,521,000 1,871,000 City Petaluma; California - Petaluma CommunityDeveloprrfent Commission 2/5/20031 PCDCFY2002- 03Fi6alBudgetAdjustedW01- 02Actuals& Mid - YearForecast.XLSBCDGdetai110 REVENUES AND EXPENDITURES BY PROJECT AREA 0 DEBT SERVICE FUND REVENUES & EXPENDITURES FY 2002 -03 BUDGET & FIVE -YEAR FORECAST FY 99 -00 FY 00 -01 FY 01 -02 FY 02 -03 Actual Actual Actual Budget DEBT SERVICE FUNDS REVENUES AND TRANSFERS IN 1 Beginning Reserves 775;663 621,840 1,449;034 98,811 2 Other Revenues 32;524 111,228 30,027 4,117 3 Transfers in from Other Funds 714,498 2;992 2,395,400 2;385,500 d 938,888 996,168 1,056,942 1,122,909 1,190 5 TOTAL REVENUES AND TRANSFERS IN 1,522,685 3,725,480 3,874,461 2,488,428 6 7 EXPENDITURES, TRANSFERS OUT & RESERVES 8 9 Debt Service Payments 900 1,839,252 2,993,676 2,385,500 10 Transfers Outdo Other Funds 0 437,194 0 0 11 Defease 1984 TABS 0 0 0 0 12 Reserves for Debt Service 621,840 1,449,034 880 102,928 13 14 TOTAL EXPENDITURES, TRANFERS OUT & RESERVES 1,522,685 3,725,480 3,874 2,488,428 • Increase/ FY 03 -04 FY 04 -05 FY 05 -06 FY 06 -07 FY 07 -08 (Decrease) Projected Projected Projected Projected Projected 781_,974 884 938;888 996;168 1,056,942 1,122;909 (0). 53;986 57,280 60,774 64,567 68,476 0 2,608,672 3 3,909,826 3,801,100 3,802;400 781,974 3,547;560 4,861,495 4,966,768 4,922,609 4,993,785 0 2,608;672 3,865,327 3,909,826 3,799;700 3,802,900 0 0 0 0 0 0 0 0 0 0 0 0 781,974 938,888 996,168 1,056,942 1,122,909 1,190 781,974 3,547,560 4,861,495 4,966,768 4,922,609 4,993,785 City of Petaluma, California -Petaluma Community Development Commission Co 2/5/2003 1:45 PM PCDCFY2002- 03FinalBudgetAdjustedW01- 02Actuals &Mid- YearForecast.XLS PCDC detail 11 DEBT SERVICE FUND REVENUES &,EXPENDITURES FY 2002 -03 BUDGET & FIVE -YEAR FORECAST REVENUES AND EXPENDITURES BY PROJECT AREA FY 99 700 FY 00 -01 FY 01 -02 FY 02 03 `FYt02 03 Increase/ FY 03 -04 FY 04 -05' FY 05-06 FY'06 -07 FY 07 -08 Actual Actual Actual Budget t °° Mid -Ye . - , (Decrease) Projected Projected Projected Projected Projected tQdlusted C! 2/5/20031 PCDCFY2002- 03FinalBudgetAdjustedW01- 02Actuals& Mid- Year.Forecast.XLS PCDC. detail 12 • DEBT SERVICE l3" 1 BEGINNINGOEBT SERVICE RESERVE 775,663 621,840 1,449,034 98,811 880 ° 765 i g 781,974 884,902 938 996;168 1,056,942 1,122,909 3 REVENUES AND TRANSFERS IN '30,027 " ` 84;567 68;476 4 Interest 32,360 10,518 4 �' 4117 (0) 53;986 57,280 60,774. 5 Other"Revenue 164 4,209 0 0� .,:, �0�? 0 0 0 0 0 0 6 New 20008 TAB Pro_ ceeds 0 96,501 0 0 04 0 0 0 0 0 0 7 TOTAL REVENUES 32,524 11.1,228 30',027 4,117 ; _ "l W- 4117x (0) 53 57;280 60;774 64,567 68;476 8 `�� ` 9 TRANSFERS IN 714;498 2,992,412 2,395;400 2,365,500 2,385,500; 0 2,608;672 3,865,327 3,909,826 3,801,100 3,802,400 10 TOTAL REVENUES AND TRANSFERS IN 1,522,685 3,725;480 3,874,461 2,488,428, .3,270 402 781,974 3,547,560 4,861,495 4,966,768 4,922;609 4,993,785 11 12 EXPENDITURES AND TRANSFERS OUT ' 13 ` s '. 14 8608 1992A Tax Allocation Bonds 427,926 425;006 0 0 x s 4�0 0 0 0 0 0 0 8623 1988TAXALLOCATION'BONDS 0 0 00 0 0 0 0 0 0 8614 2001A Tax Allocation Bonds. 0 0 361,975 407 100 X 407 100: 0 403,900 404,800 400,400 405 405,500 15 8607 1984'Tax-Allocation Bonds (GBD) 135 ;422 0 0 0 j,; s _. 0 0 0 0 0 0 0 16 8609 AD #19:Auto Plaia.(Public Imp.) 116,474 119;175 121,337 124 000 8 124 000 i 0 124,000 123,000 122,000 122,000 122,000 17 861:1 Auto Plaza Note (Benson Land Repay) 221,023 0 1,350,223 610 000 �610�000 0 831,372 460;327 509,526 0 0 18 8612 2000A Tax Allocation Bonds'(PCD) 0 1,136,282 1,113;518 10111:4M 1 111 400 0 1,110,400 1,104;200 1,107;900 1,- 101,200 1,104,400 19. 8813 20006 Tax Allocation Bpnds'(CBD) 0 18,594 - 46,623 133,0M x" 133 000; 0 139,000 139,000 136,000 132;000 137,000 20 b00o 2004A Tax,Allocation Bonds.(PCD) 0 0 0 0 0 0 1,634;000 1,634,000. 1,634 ",000 1,634,000 21 0000 2005A:Tax Allocation Bonds (CBD) 0 0 0 0 0 0 0 0 400,000 400,000 22 8614 New TAB Cost'of;lssuance 0 140;195 0 0 ar.rf_t 0; 0 0 0 0 0 0 23 TOTAL EXPENDITURES 900,845 1,839;252 2,993;676 2,385 500 _Ya 1 2 385 5000 0 2,608,672' 3,865,327 3,909,826 3,799,700 3,802;900 24 fir. k f ' 25 TRANSFERS OUT 0 437,194 0 0 Oe 0 0 0 0 0 0 26 TOTAL EXPENDITURES AND TRANSFERS OUT 900,845 2,276,446 2,993,676 2,385,500 , .2,385 500 0 2,608,672 3,865,327 3,909,826 3;799,700 3,802,900 27"a f ; 28 DEFEASE 1984 TABS 0 0 0 0 01 0 0 0 0 0 0 30, ENDING;FUNDS AVAILABLE 621,840 1,449,034 880,785 102,928 T . 781,974 938,888 996 1,056,942 1,122,909 1,190 fi �� � RESERVED. F 33 For 984 Bond 129;402 0 0 0 0 0 0 0 t' 0 0 0 0 0 0 0 0� 0 0 0 0 34: For= 1992'Bond: Refunding 463;854 1�0 35- For New TAB, Bonds 28;584 1,449;034 880;785 102,928 _;884902 781,974 938;888 996168 1,056;942 1,122,909 4,190;885 37 UNRESERVED FUNDS AVAILABLE 0 0 0 0 '„ sM`MM 01 2 (0) 0 (0) (0) 0 0 City of Petaluma, California - Petaluma Community Development.Commission C! 2/5/20031 PCDCFY2002- 03FinalBudgetAdjustedW01- 02Actuals& Mid- Year.Forecast.XLS PCDC. detail 12 • Attachment III Housing In-Lieu Fund Revenues & Expen,ditures FY 20'02-03 Mid-Year Budget Adjustments Page 11 CITY OF.PETALU,MA HOUSING III -LIEti FEES REVtNUE'S & EXPENDITURES FY 2002'=03 ,Midyear Budget Revenues..and Expenditures by Project Beginning Available Funds Revenues In -lieu fees Investment earnings Other °revenues Total. Revenues Total Available Fundsl and Revenue Expenditures General Government Homelessness (Prevention,Shelter Services) 5412 Rental. Assistance Program (PPSC) 5436 Family Shelter Progran'Main (COTS) 5456 Homeless'Shelter Opgortunity Center 5457 Mary Issac - Center 9725 Opportunity Center Facility -UST Monitor Subtotal Homelessness Transitional. Housing 5468 Transitional :Housing/Path (SARMY) 5480 Emmaus House .(COTS) 5445 Supportive Shared Housing (COTS) .Subtotal Transitional Housing Housing Support Services 5459 Rebuilding Together 5476.Boys and, Girls : Project Subtotal Housing Support. Services Homeownership Assistance 5477 First Time Homebuyers Total Expenditures Reserve for MIC (COTS) Ending available Funds FY 01 -02 Actual 3,927,323 FY 02 -03' 4,.731 FY 02 -03 Estimates 5;486,886 669 250,000 .100,000 890 140,000 170,500 1,559,916 390,000 270,500 5,487 5321,8.1.0 5,757,386 353 550 550 -1.2'4, 800 240,000 - - 312,000 500,000 - - 50,000 1.,226,800 60,000 312,900 7;500 - 380,400 60,000 136;000 196;000 500,000 353 .550 2,303,750 1 5,486,886 5,1.21,260, 1553,636 • t 'z