Title
Subject: Public hearing to consider the Capital Improvement Program (CIP) and the Recommended Budget for Fiscal Year (FY) 2021-22; consider Adoption of the Budget for FY 2021-22; consider Establishment of the Appropriation Limit, and related actions; or take other action to approve interim expenditures.
Recommended Action
1. Adopt Resolution No. 21-052 establishing an Operating Budget of $122,615,187 for FY 2021-22 which include the following changes to the FY 2021-22 Proposed Budget, published on May 1, 2021:
a. Approve the Proposed Funding requests of $121,032,637 as outlined in the FY 2021-22 Proposed Budget.
b. Approve Community Funding Requests of $95,900 as included in Attachment E
c. Approve a $518,250 reduction in appropriations for the City Manager Discretion Fund as included in Attachment E
d. Approve appropriations of $313,000 for City Work Program items as included in Attachment E
e. Approve additional 4 full-time employees (Senior Planner, Permit Technician, Plan Check Engineer, and CIP Project Manager) and appropriations of $754,992 as included in Attachment E
f. Approve $66,794 of revenues and $66,794 of appropriations for Community Development Block Grant (CDBG) final allocations as included in Attachment E
g. Approve $500,000 of appropriations for Community Development Department legal costs as included in Attachment E
h. Approve $63,376 of appropriations for City Hall Annex (10455 Torre) maintenance costs as included in Attachment E
i. Approve a $65,000 reduction in appropriations for Stevens Creek Corridor Tree Inventory (operating) as included in Attachment E
j. Approve $371,738 of appropriations and $177,000 of revenues for library services as included in Attachment E
k. Approve budget adjustments as presented in Attachment E
2. Adopt Resolution No. 21-053 establishing a Capital Improvement Program budget of $26,230,048 for FY 2021-22 which included the following line items:
a. Approve appropriations of $2,000,000 in the Minor Storm Drain Improvements Special Revenue Fund for the Pumpkin and Fiesta Storm Drain Project Phase 1 & 2 project
b. Approve appropriations of $215,000 in the Transportation Special Revenue Fund for Homestead/De Anza - Construction project
c. Approve appropriations of $3,000,000 in the Park Dedication Special Revenue Fund for the Memorial Park - Pond Repurposing project
d. Approve appropriations of $1,150,000 in the Park Dedication Special Revenue Fund for the Memorial Park - Amphitheater Improvements project
e. Approve appropriations of $500,000 in the Park Dedication Special Revenue Fund for the Memorial Park - Specific Plan Design project
f. Approve appropriations of $3,000,000 in the Capital Improvement Program Capital Projects Fund for the 10445 Torre Avenue Improvements project
g. Approve appropriations of $750,000 in the Capital Improvement Program Capital Projects Fund for the Blackberry Farm Pool Improvements project
h. Approve appropriations of $75,000 in the Capital Improvement Program Capital Projects Fund for the Carmen Road Bridge Right-of-Way project
i. Approve appropriations of $500,000 in the Capital Improvement Program Capital Projects Fund for the City Hall and Community Hall Improvements - Programming & Feasibility project
j. Approve appropriations of $408,000 in the Capital Improvement Program Capital Projects Fund for the Electric Vehicle Parking Expansion project
k. Approve appropriations of $350,000 in the Capital Improvement Program Capital Projects Fund for the Full-sized Outdoor Basketball Court project
l. Approve appropriations of $80,000 in the Capital Improvement Program Capital Projects Fund for the Stelling and Alves Crosswalk Installation project
m. Approve appropriations of $2,000,000 in the Capital Improvement Program Capital Projects Fund for the Stevens Creek Boulevard Class IV Bikeway Phase 2 - Construction project
n. Approve appropriations of $50,000 in the Capital Improvement Program Capital Projects Fund for the City Lighting LED Transition Assessment project
o. Approve appropriations of $65,000 in the Capital Improvement Program Capital Projects Fund for the Tree Inventory - Stevens Creek Corridor project
p. Approve appropriations of $90,000 in the Capital Improvement Program Capital Projects Fund for the ADA Improvements project
q. Approve appropriations of $300,000 in the Capital Improvement Program Capital Projects Fund for the Annual Playground Replacement project
r. Approve appropriations of $200,000 in the Capital Improvement Program Capital Projects Fund for the Park Amenity Improvements project
s. Approve appropriations of $75,000 in the Capital Improvement Program Capital Projects Fund for the Street Light Installation - Annual Infill project
t. Approve $11,422,048 of transfers out from the Capital Reserve to fund the Capital Improvement Program budget in FY 2021-22
3. Adopt Resolution No. 21-054 establishing an Appropriation Limit of $114,666,491 for FY 2021-22