HomeMy WebLinkAboutSupplemental Information Received at Meeting from Robert Goldberg - Item CFY 18 -19 Expected Street Project Revenue and Expenditures
Expected FY 18 -19 Revenue
Gas Tax
$
533,300
Senate Bill 1 Tax Increase
$
453,748
Measure M2
$
400,000
Interest on Investment of Unspent Fund Balance (Gas Tax)
$
6,000
Interest on Investment of Unspent Fund Balance (M2)
$
25,000
Total $ 1,401,048
Expected FY 18 -19 Expenditures
Public Works Overhead & Storm Drain Maintenance (Gas Tax)
$
550,000
Sr Bus and Street Maintenance (M2)
$
233,700
Street Lighting District (M2)
$
54,700
Annual Concrete Repair Program (Gas Tax)
$
50,000
Annual Striping Program (Gas Tax)
$
25,000
Annual Signage Replacement Program (Gas Tax)
$
10,000
Annual Slurry Seal Program (Gas Tax)
$
189,746
Local Surface Street Resurfacing
$
263,600
Arterial Street Resurfacing Program
$
368,071
Total $ 1,744,817
Funding Deficit for FY 18 -19
FY 18 -19 Expenditures Exceeding Revenues
$
(343,769)
Unspent Gas Tax funds from prior years
$
11,687
Unspent M2 funds from prior years
$
30,677
Street Improvement Assigned Fund Balance
$
117,166
Total $ (184,239)