Budget Pres 022409 by HC12072709595

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									      City of El Cajon
   Fiscal Year 2008-09
Mid-Year Budget Review,
Five-Year Business Plan,
            and
 Five-Year C.I.P. Update
    February 24, 2009      1
           City of El Cajon
          February 24, 2009
         Presentation Agenda



• 2008/09 Mid-Year Report and
  Analysis – All Funds
• 5-Year Business Plan (Fiscal
  Years 2009/10 to 2013/14)
• 5-Year Capital Improvement
  Plan – 2009/10 to 2013/14

                                 2
             City of El Cajon
            February 24, 2009

           Presentation Agenda


• 2008/09 Mid-Year Report and
Analysis – All Funds




                                 3
Mid-Year Budget Status and Analysis – Fiscal Year 2008-09
                  MID-YEAR REPORT SUMMARY
 Information Provided :

 All funds of the City – The report shows 35 funds classified as General,
 Proprietary, Special Revenue, Debt Service, Capital Project, and Internal
 Service Funds.

     Midyear Revenues           $48,754,088 – 38.8% of budget ($125,560,943)
     Midyear Expenditures       $58,504,150 – 37.5% of budget ($156,064,526)

 Beginning fund balance positions for all funds as reported in the 2007-08 CAFR
 Year-to-date revenues compared to budget
 Year-to-date revenues compared to the same time period a year ago
 Year-to-date expenditures compared to budget
 Ending fund and cash balances as of December 31, 2008


                                                                             4
                                General Fund

At mid-year, with 50% of the fiscal year transpired, General Fund
revenues are at 33.4% ($17,694,507) and expenditures are at 46.9%
($26,261,068). Expenditures exceed revenues by $8,566,561. The
cash flow shortage is covered by the 20% operating reserve
($10,178,870).

Revenues – total revenues at Year-end are projected to be short of
budget $860,522 as follows:

              Revenue                   Budget        Projected       Difference

Sales Tax                          17,000,000      15,980,000        (1,020,000)
Property Tax                       20,150,000      19,811,000          (339,000)
Other Taxes                         7,275,000       6,765,000          (510,000)
One-Time Revenues*                    150,013         585,951           435,938
Development Revenues                1,852,683       1,537,711          (314,972)
Fines/Impounds/Abatement            1,580,200       1,580,200                 -
Proposition "J" (June Tax)                  -         625,000           625,000
All Other                           1,741,973       2,004,485           262,512
   Total                           49,749,869      48,889,347          (860,522)

*Sale of Property, prior year fire storm reimbursement and S.B. 90
                                                                                   5
Other Fund Revenues

            Fund               Budget      Mid-Year   %       Year-End Projection

Wastewater Service Charges   12,131,275   6,054,514   49.9%   Within Budget
Emergency Medical Charges     2,732,064   1,552,239   56.8%   Exceeding Budget
Gas Tax Revenues              1,782,075     672,885   37.8%   Under Budget
ECRA Property Taxes          15,262,618   6,495,188   42.6%   Within Budget
Proposition "O" Sales Tax     8,625,000   4,242,533   49.2%   Under Budget
Transnet                      3,975,000      24,348     .6%   Within Budget



Expenditures

All Non-General Fund expenditures are within budget at mid-year
except Gas Tax (53.1%), County Asset Forfeiture (116.7%),
Recreation Programs (52.9%), EMS (53.2%), various Public Safety
Grants (68.3%), Proposition 1B pavement overlay (97.8%), Vehicle
Maintenance (63.3%), and Vehicle Replacement (75.4%).

All of these expenditures are expected to be within budget at year-end
or have additional offsetting revenues. Grant expenditures are per
grant terms.
                                                                                    6
                      City of El Cajon
                     February 24, 2009

                    Presentation Agenda

• 2008/09 Mid-Year Report and Analysis – All Funds
• 5-Year Business Plan (General & EMS Funds)
   Fiscal Years 2009/10 to 2013/14




                                                     7
               Key Features – 5-Year Business Plan

              What’s New and Different Next Year?

Good News:

   Proposition “J” Revenues are added.
   No lay-off’s – Maintains “Essential City Services”.
   Funds capital replacement and maintenance needs – seeks to attain
     long term fiscal sustainability through “level funding”.
   Creates an additional “risk buffer” against the economy getting worse.
   Maintains operating reserves at 20% of expenditures for 3 years.
   Establishes an alignment between on-going revenues and on-going
     expenditures, addressing the past structural deficit.

Bad News:

   CalPERS retirement rates will spike due to investment losses.
   The economy has the potential to get much worse.
   Proposition “J” doesn’t fix everything – Longer-term aspects of the
     plan point to expenditures exceeding revenues and an erosion of
     operating reserves, beginning in fiscal year 2011-12.

                                                                           8
     Thank Goodness for Proposition “J”
             A Critical Lifeline

Without it, capital replacement/maintenance and
“Essential City Services” would have been impacted to
the tune of $7,900,000!

    Would have severely impacted capital equipment,
      facility and infrastructure spending.
    Would have resulted in draconian personnel
      reductions.




                                                        9
     EVENTS LEADING UP TO THE NEED FOR PROPOSITION “J”

           Fiscal Years 2002-03 to 2008-09, Six Years of Fiscal Crisis

January 14, 2003 “Early Warning Presentation” A “perfect storm” of convergent
elements precipitating a fiscal crisis. CalPERS retirement rate spikes, Governors
proposal to take away vehicle license fee revenues and EMS cost increases,
requiring more government subsidy.

Fiscal Year 2004-05 - ERAF III implemented in which the State mandated $2.25
million taking, over two years, of property tax revenues and $1.4 million of
redevelopment revenues.

Fiscal Year 2006-07 budget message - “this years message continues to be a
somber reminder that we must find a solution to ongoing expenditures exceeding
ongoing revenues. In two years, without budget corrected, operating reserves will
be used to balance the budget, this is unacceptable.

Fiscal Year 2007-08 budget message - “Effort must be taken now to avoid certain
crisis decision making in the near future.”

Fiscal Year 2008-09 budget message - “The City continues to have a financial
imbalance, a structural deficit that has not been corrected. Without course
correction, insolvency will occur.

February 12, 2008 – Council holds “fiscal emergency” meeting, directing staff to
engage consultant to evaluate tax increase options.
   EVENTS LEADING UP TO THE NEED FOR PROPOSITION “J”

      Fiscal Years 2002-03 to 2008-09, Six Years of Fiscal Crisis

                        Costs on “Auto Pilot”

80% of General Fund expenditures are for personnel cost.
70% of the budget is spent for police and fire (public safety). Public
safety costs exceed all sales and property tax revenues.
75% of public works and community development costs are paid from
fee revenues.
General government costs are largely recovered from overhead and
charges to other funds.

                        Revenue Restrictions

The City is built out, there is no expanding revenue base.
Up to 85% of General Fund revenues come from taxes. The current
law provides no ability to increase taxes without a vote of the public.
9% of General and EMS Fund revenues (business license, CDBG –
community policing, EMS transport fee and EMS district taxes) are
non-increasing, diminishing over time.

                                                                          11
            Events Leading To Balancing the Budget

      A Mixture of Government Reform, Cost Cutting, Revenue
                 Enhancements, and Tax Increases

Government Reform:

   November 2, 2004 Constitutional Amendment 1-A passed
     enacting reforms to the legislature’s ability to raid local
     government shares of sales, property and VLF taxes.

Cost Cutting:

   Continuous implementation of selective hiring freeze (reduction
     of 56 positions or 13%). Since fiscal year 1991-92, a reduction
     of 161 positions or 30%.
   Suspended payments for capital replacement/maintenance
     needs.
   Vigorously reduced non-personnel costs.
   Promotion budgets were suspended (International Friendship
     Festival, Arts Center Foundation, East County Chamber of
     Commerce, and Mother Goose Parade).
   Salary increases not granted in fiscal years 2007/08 and
     2008/09.
   Tree trimming was contracted out.
   Several commissions were eliminated or combined.                12
            Events Leading To Balancing the Budget

      A Mixture of Government Reform, Cost Cutting, Revenue
                 Enhancements, and Tax Increases

Revenue Enhancements:

   Fees for services increased to obtain full cost recovery.
   Solid Waste franchise fee increased from 10% to 15%.
   EMS response fee was restructured and increased per
     recommendations of consultant, Health Analytics, LLC.
   Maintained overhead and recovered direct costs from other
     funds.

Tax Increases:

   November 2, 2004 – Public approves Proposition “O”
     implementing a local ½ cent sales tax increase for 10 years,
     beginning April 1, 2005 for public safety center and other facility
     improvements, non-General Fund expenditures.
   November 4, 2008 – Public approves Proposition “J,”
     implementing a local ½ cent sales tax increase for 20 years,
     beginning April 1, 2009 for “essential city services.”
                                                                       13
 KEY FIVE-YEAR BUSINESS PLAN ASSUMPTIONS

                 5- Year Revenue Assumptions:

 Proposition “J” sales tax revenues will begin in June 2009 and
   will be factored in meeting General Fund financing needs.
   Revenues are estimated at $7,900,000 in fiscal year 2009-10
   and to be flat in 2010-11.

 Sales tax revenues in the current fiscal year (2008-09) will come
   in 6% less than budget. Sales tax next year (2009-10) will
   come in 3% less than this year.

 Property tax revenues are projected to be flat for three fiscal
   years, beginning next year (2009-10).

 Development fee revenues (building inspection, planning and
   engineering) will come in less than budgeted this year and not
   increase next year.

                                                                     14
                            City of El Cajon
                        Sales Tax Rate Make-UP
                          Fiscal Year 2009-10
                              Total 8.75%




                0.50%

        0.50%



0.50%




                                                 State Wide Sales Tax
                                                 Regional Transportation
                                                 City of El Cajon - Prop. "O" (Expires 2014)
                                                 City of El Cajon - Prop. "J"




                                7.25%




                                                                                      15
16
                                                           City of El Cajon
                                                         Sales Tax Revenues
                                                Fiscal Years 1998/99 to 2007-08 Actual
                                                     2008-09 to 2013-14 Projected
                                                   City 1% and Proposition "J" .5%

          35,000,000


          30,000,000


          25,000,000


          20,000,000
Dollars




                                                                                                                         Prop. J .5%
                                                                                                                         City 1%
          15,000,000


          10,000,000


           5,000,000


                   -
                        FY    FY    FY    FY    FY    FY    FY    FY    FY    FY    FY    FY    FY    FY    FY    FY
                       1998- 1999- 2000- 2001- 2002- 2003- 2004- 2005- 2006- 2007- 2008- 2009- 2010- 2011- 2012- 2013-
                        99    00    01    02    03    04    05    06    07    08    09p   10p 11p     12p 13p     14p
                                                                 Fiscal Year

                                                                                                                          17
                                                         City of El Cajon
                                                  General Fund - Tax Revenues
                                                  FY 1998-99 to 2007-08 Actual
                                                 FT 2008-09 to 2013-14 Projected

60,000,000



50,000,000



40,000,000



30,000,000



20,000,000



10,000,000



        0
             98-99a   99-00a   00-01a   01-02a   02-03a   03-04a   04-05a    05-06a   06-07a   07-08a   08-09p   09-10p   10-11p   11-12p   12-13p   13-14p

                           Sales Tax        Sales Tax - Prop. J             Property Tax       Other Taxes         Motor Vehicle In Lieu
                                                                                                                                                 18
                         City of El Cajon
                General Fund and EMS Revenues
     Fiscal Year 2009-10 Proposed (Includes Proposition "J")
                           $58,054,218




     EMS Charges for Services   Other
             4.7%               4.0%
Licences,Permits & Fines
         4.8%




                                         Taxes
                                         86.6%




                                                               19
                     State of the Economy

REAL ESTATE

Housing – 10 consecutive quarters of declining housing values.
Average – fell 20% in 2008. New housing starts are down over 70%
since 2006. New home sales are down 73% from highs, a 45 year low.

Commercial – 4th quarter U.S. commercial real estate activity slowed to
its weakest in 12 years. Prices fell to 2005 levels, a 14.9% decrease.

GDP - Shrunk 3.8% in 4th quarter of 2008. Moody’s – the U.S.
economy is in the worst recession since the Great Depression.

UNEMPLOYMENT – National unemployment is 7.6% - California 9.3%.
Unemployment benefits at an all time high.

CONSUMER CONFIDENCE – At 37.7%, the lowest in 25 year history.

CORPORATE EARNINGS – Sixth straight quarterly decline, the
longest slump in 20 years.

STOCK MARKET –Yesterday (Feb. 23, 2009) the Dow and S&P 500
tumbled to levels not seen in 12 years as investors continue to worry
that the government’s efforts to slow the recession won’t be enough.


                                                                          20
21
22
23
24
25
26
27
28
               Robert Reich

• We are in the midst of a deep, deep world-
wide recession.
• Calls the economy the little “D” word.
• Sees the economy not turning around until
the middle of 2010 and no recovery for 3 – 4
years.




                                               29
30
                 Ron Insana

• We are in a synchronized global recession . . .
  or depression. The world is in need of a global
  stimulus package, not just the U.S. We are in
  the midst of crisis, the current stimulus
  packages are not enough.
• This is not a blip in the radar screen, things
  are happening we didn’t think could happen.
• We are seeing extraordinary events, almost
  unprecedented. There are so many variables,
  so many moving parts, no one can say for
  sure where this is going to go.
• Not a “U” shape recovery, likely an “L” shape
  recovery.
                                                31
Kiplinger Letter – February 13, 2009


 Because recessions run their course, eventual
 improvement is inevitable, helped by low
 interest rates as well as low prices for gasoline
 and other commodities. But a lack of
 confidence among consumers and companies
 and the halt in spending and hiring threatens
 to keep the economy from recuperating fully
 for several years.



                                                 32
             5-Year Expenditure Assumptions:

 Assumes a reduction of 14 FTE positions due to hiring freeze
   attrition achieved in the current fiscal year.

 Assumes no MOU increases.

 Assumes employee retirement rates as projected by CalPERS,
   based on –20% investment loss.

 Provides for vehicle ($1,387,100), information technology
   ($783,933) and CIP ($2,777,300) replacement/maintenance
   level funding needs.

 Assumes $200,000/year Gas Tax operating cost subsidy
   beginning fiscal year 2009-10.

 Funds EMS subsidy requirement at $2.8 million per year.


                                                                  33
                                     City of El Cajon
                       5-Year Business Plan - General Fund Positions
                                   Actual and Projected


      600



      500



      400



      300



      200



      100



        0
            89- 90- 91- 92- 93- 94- 95- 96- 97- 98- 99- 00- 01- 02- 03- 04- 05- 06- 07- 08- 09- 10- 11- 12- 13-
            90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08p 09p 10p 11p 12p 13p 14p
General Fund 527 528 530 492 458 434 408 391 382 393 404 419 430 430 425 393 389 385 386 369 369 369 369 369 369
                                                         Fiscal Year

                                                                                                        34
                                                           City of El Cajon
                                                EMS Subsidy From The General Fund
                                               Fiscal Years 1998-99 to 2007-08 Actual
                                              Fiscal Years 2008-09 to 2013-14 Projected

          3,500,000


          3,000,000


          2,500,000


          2,000,000
Dollars




          1,500,000


          1,000,000


           500,000


                  -
                      1998-   1999-   2000-    2001-   2002-   2003-   2004-     2005-       2006-   2007-   2008-   2009-   2010-   2011-    2012-
                       99      00      01       02      03      04      05        06          07      08      09      10      11      12       13
                                                                               Fiscal Year


                                                                                                                                             35
                                                   City of El Cajon
                                  5-Year Business Plan - General Fund Expenditures
                                             General Fund Expenditures
                                            Fiscal Years 2008/9 to 2013/14

          70,000,000


          60,000,000


          50,000,000

                                                                                                      Other
          40,000,000                                                                                  Capital Improvements
Dollars




                                                                                                      Equipment Replacement
                                                                                                      Supplies & Material
          30,000,000
                                                                                                      EMS Subsidy
                                                                                                      Personnel Cost
          20,000,000


          10,000,000


                   -
                       FY 08-09   FY08-09     FY09-10    FY10-11      FY11-12   FY 12-13   FY 13-14
                        Budget    Projected
                                                        Fiscal Year


                                                                                                                 36
                                   City of El Cajon
                           General Fund Estimated Costs
                           Fiscal Year 2008-09 Projected


                          Fleet Maintenance
        Property & Liability     3%
            Insurance                     Utilities
                3%                          3% Other
                                                 All
Capital Improvement                                  1%
         1%
          Equipment
         Replacement
             2.0%

Supplies & Services
       10%




                                                            Personnel Costs
                                                                 77%




                                City of El Cajon,
                      Proposed General Fund Expenditures
                              Fiscal Year 2009-10


                  Fleet Maintenance Utilities
                         3%           3%        All Other
                                                   2%
             Property & Liability
                 Insurance
                     3%
        Capital Improvement
                 5%
 Equipment Replacement
          4%

    Supplies & Services
           10%




                                                               Personnel Costs
                                                                    70%


                                                                                 37
    CalPERS INVESTMENT LOSSES – IMPACT ON RATES

 July – December losses are at 23.5% (excludes real estate and
   private equity investments – real losses likely worse).

 Investment losses impact on rates will not go into effect until
   fiscal year 2011-12.

 Investment losses on 6-30-09 will determine rate increases
   beginning 2011-12.

 CalPERS says if there are –20% investment losses,
   Miscellaneous rates will go up 3.6% and safety rates up 5.4%.
   Rate changes outside of the smoothing corridors, rates increase
   exponentially.

 Smoothing has worked very well to temper high AND low rate
   spikes. CalPERS claims to have the most aggressive and
   strongest smoothing possible.

 Smoothing losses doesn’t mean you don’t have to pay back the
   losses. Only defers needed increases out more years.

                                                                     38
39
                                                                                          City of El Cajon
                                                         Safety & Miscellaneous Retirement Plans Projected In The Five Year business Plan
                                                               Fiscal Years 2001/02 to 2009/10 Actual - 2010/11 to 20013/14 Projected

                                          50.000%

                                          45.000%
Percent - Employer and Employee Portion




                                          40.000%

                                          35.000%


                                          30.000%

                                          25.000%                                                                                                                Safety
                                                                                                                                                                 Misc.
                                          20.000%


                                          15.000%

                                          10.000%


                                          5.000%

                                          0.000%
                                                    2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-   2011-   2012-   2013-
                                                                                                                             11p     12p     13p     14p
                                                                                                  Fiscal Year


                                                                                                                                                            40
                                                                   City of El Cajon
                                                       General Fund CalPERS Retirement Cost
                                                       Fiscal Years 2000-01 to 2007-08 Actual
                                                      Fiscal Years 2008-09 to 2013-14 Projected

              12,000,000.00



              10,000,000.00



               8,000,000.00
Annual Cost




               6,000,000.00



               4,000,000.00



               2,000,000.00



                       -
                              FY00-   FY01-   FY02-     FY03-   FY04-   FY05-   FY06-   FY07-   FY08-   FY09-   FY10-   FY11-   FY12-    FY 13-
                               01      02      03        04      05      06      07      08      09p     10p     11p     12p     13p      14p
                                                                                 Fiscal Year


                                                                                                                                        41
42
                        STATE BUDGET FIX
                 FISCAL YEARS 2008-09 AND 2009-10

 Accomplished through combination of cost cuts (education, health and
   welfare, and prisons), tax increases and loans (payments to come from
   future Indian gaming revenues). Fixes $33 billion. Anticipate the rest
   (approximately $7 billion) to come from federal stimulus package.

 Major tax revenues (income taxes, corporation taxes and sales taxes)
   are projected to drop, in total, 9.2% this year (fiscal year 2008-09) and
   7.4% next year (fiscal year 2009-10).

 Tax Increases effective April 1, 2009
       Sales tax increase – 1%
       Income tax surcharge – 2.5%
       Car tax increase from .65% to 1.15%

 Duration – to sunset in 2 – 5 years. There is still no long term solution!
   Public to vote on a spending cap. If approved, cuts and tax increases
   sunset in 5 years. If not approved, cuts and tax increases sunset in 2
   years.

 Spending Cap – Special election, likely May 19th. Each year, revenues
   received will be compared to former 10-year average. Revenue in
   excess of 10-year average goes into a “Budget Stabilization Fund” until
   reaching 12.5%, after which surplus revenues can only be spent on one-
   time capital expenditure needs.
                                                                           43
                      Inflation Assumption

The assumed annual inflation factor is 2% for the three fiscal years
2009/10 to 2011/12, 3% for fiscal year 2012/13, and 4% for fiscal
year 2013/14




                                                                   44
                                               City of El Cajon
                             General Fund Revenues, Expenditures & Fund Balance
                                        Fiscal Years 2008/9 to 2013/14

               70,000,000


               60,000,000


               50,000,000


               40,000,000


               30,000,000


               20,000,000


               10,000,000


                         -
                             F.Y. 2008-09
                                            F.Y. 2009-10   F.Y. 2010-11   F.Y. 2011-12   F.Y. 2012-13   F.Y. 2013/14
                               Projected
Revenues                      48,889,347    54,961,763     55,173,153     56,033,566     57,459,517     59,488,606
Expenditures                  50,894,352    56,034,435     56,302,417     57,997,545     58,719,944     59,467,918
Operating Reserves            10,178,870    11,206,887     11,260,483      9,733,677      8,473,250      8,493,938
Future Budg. Imb. Res.        3,720,721      1,620,033       437,172           -              -              -
Operating Reserves @ 20%      10,178,870    11,206,887     11,260,483     11,599,509     11,743,989     11,893,584

                                                                                                             45
THINGS OF CONCERN TO CREDIT RATING AGENCIES
 Entities whose financial operations are strained
 Entities with limited revenue raising capacity or flexibilities
   Propositions 13 and 42
 Entities prioritizing operational needs at the expense of CIP
 Entities not maintaining adequate reserves

     Another Way To Look At It – A Litany of Worst
                Practices To Be Avoided
 Use of one-time measures to fix on-going problems
 Optimistic revenue and expenditure projections
 Structural budget imbalance – The degree to which recurring
  revenues are sufficient to cover recurring expenditures over
  time
 Time horizons to accomplish needed change too far out
 Failure to update
 Failure to monitor and report
                                                                46
                            SUMMARY

 The 5-Year Business Plan provides for continuance of “Essential
   City Services,” as currently provided.

 The Plan provides for greater alignment of on-going revenues
   and on-going expenditures, minimizing the past structural
   deficit.

 Fiscal sustainability is attained with full funding for equipment
   replacement and for capital facility maintenance.

 The current revenue laws and limitations provide little flexibility
   to increase revenues.

 There is considerable risk in the current economy that could lead
   to a cyclical deficit.

 Operating reserves at 20% of expenditures are maintained the
   first three years of the Plan.

 Cost saving opportunities and efficiencies must be sought.
                                                                         47
                 City of El Cajon
                February 24, 2009

               Presentation Agenda

• 2008/09 Mid-Year Report and Analysis – All Funds
• 5-Year Business Plan (General & EMS Funds) Fiscal
  Years 2009/10 to 2013/14
• 5-Year Capital Improvement Plan –
  2009/10 to 2013/14




                                                      48
                                      City of El Cajon
                      1st Year CIP Expenditure Summary, By Category
                                  FY 2009-10 - $57,805,000




              Economic                                      Wastewater
        Development / Housing                                10.5%
               21.1%
  Communications &                                                       Streets
    Technology                                                           10.8%
       0.4%
Parks and Recreation
        3.7%




                                                 Public Facilities
                                                     53.5%




                                    City of El Cajon
             1st Year CIP Revenue Summary, By Funding Source - $57,805,000
                                  Fiscal Year 2009/10
                                                       General Fund
                                                           0.1%
                                                                 CDBG Eligible
                                                  Unfunded          3.4% Grant - Safe Route to
              Underground Utilit Dist.
                    (20A) Funds                    5.2%                         School
                        2.6%           Wastewater                                0.6%
                                        10.7%                          Low/Mod. Income
                                                                            Housing
                    TransNet
                                                                             6.6%
                      3.5%
                                                                                     Park & Rec. Grants
Traffic Congestion Relief -                                                            (State Prop. 40)
          Prop 42                                                                           0.1%
           1.6%
                                                                                      Police Grants
        TDA (Transit)                                                                     0.3%
           0.3%
                                                                            Park Dev. Impact Fees
    Redevelopment Capital                                                           0.0%
        Project Fund
           17.8%


          Proposition 172 (Sales
                   Tax)                                          Proposition "O"
                   0.0%                                              47.2%

                                                                                                          49
                                  City of El Cajon
                   5 Year CIP Expenditure Summary, By Category
                       FY 20009/10 - 2013/2014 - $165,931,000




                                                      Wastewater
                Economic
                                                        10%
          Development / Housing
                  26%                                           Streets
                                                                 12%


      Communications &
        Technology
           0%
    Parks and Recreation
            4%

                                                   Public Facilities
                                                         48%




                                   City of El Cajon
         5 Year Capital Improvement Revenue Summary, By Funding Source
                        FY 20009/10 to 2013/2014 - $165,931,000
                                                               Donations (Fund 322)
                              Wastewater                              0.1%
                               10.5%          General Fund                   Grant - Safe Route to
                                                  0.0%                              School
        Underground Utilit Dist.                      CDBG Eligible
                                                                                     0.2%
             (20A) Funds                                   2.3%
                                            Unfunded                      Fund Raising Goal
                3.6%
                                             8.4%                               0.4%
                   TransNet                                            Low/Mod. Income
                     5.9%                                                  Housing
                                                                            3.5%
Traffic Congestion Relief -
          Prop 42                                                                    Park & Rec. Grants
           1.1%                                                                       (State Prop. 40)
                                                                                            0.1%
            TDA (Transit)
               0.5%
                                                                                           Police Grants
                                                                                               0.1%


                                                                               Park Dev. Impact Fees
                                                                                       0.1%
       Redevelopment Capital
           Project Fund                                            Proposition "O"
              23.6%                                                    39.6%

                       Proposition 172 (Sales
                                Tax)
                                                                                                           50
                                0.0%
Major Project Summary – 2009-10
Significant projects proposed for funding in fiscal year 2009-10 include:
Project                                  Funding Source                 Amount
Public Safety Center                     Proposition “O”                $26,112,000
Civic Center Complex Revital.            ECRA Capital Proj.               4,250,000
ECRA Low/Mod. In-Fill Housing            ECRA Low/Mod.                    3,000,000
Replacement Corrugated Pipe              Wastewater                       2,000,000
Overlay & Street Resurfacing             TransNet                         1,900,000
Downtown Enhancement (Phase II)          ECRA Capital                     1,810,000
Specific Plan 182 Project Asst.          ECRA Capital                     1,500,000
Underground Utilities                    Underground Util. Dist.          1,500,000
Roof Replacements (3)                    Unfunded -(General Fund)         1,000,000

Major Project Summary For Remaining Fiscal Years
Significant projects proposed for funding for the balance of the 5-year plan (fiscal years
2009-10 to 2013-14) include:
Project                                  Funding Source                 Amount
Public Safety Center                     Proposition “O”                $58,188,000
Civic Center Revitalization              ECRA Tax Increment              19,500,000
Overlay & Street Resurfacing             TransNet                         9,970,000
Downtown Enhancement (Phase 2)           ECRA Capital                     7,810,000
Downtown Specific Plan (SP 182)          ECRA Capital                     7,500,000
Animal Shelter                           Proposition “O”                  5,364,000
Underground Utility Districts            Utility Dist. 20A                6,000,000
RDA Infill Housing                       ECRA Low/Mod.                    5,700,000
Johnson Ave. Trunk Line                  Wastewater                       4,800,000
RDA Median Improvements                  ECRA Capital                     3,875,000

								
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