CAPITAL IMPROVEMENT PROGRAM
Revenue Sources and Categories The CIP outlines planned capital improvements, given available financial resources. Funding for capital projects is received from a variety of sources as displayed in Table 3 and Chart 2. Approximately 2.6% of the two-year CIP budget is derived from grants, contributions, and other one-time revenue sources, while the rest originates from recurring City revenues. In addition, certain revenue sources are restricted to specific category of projects (circulation versus non-circulation), geographic areas, or construction types (new construction versus rehabilitation). These funding sources are budgeted within the applicable special fund group: General Reserve (Fund 010), Special Revenue (Funds 111, 112, 118, 132, 154, and 180), and Capital Projects (Funds 250, 260, 262, 270, 271, and 286). Fund summaries and descriptions are located in the Special Funds chapter of this document.
Table 3 Revenue Fund Source Summary
Fund Source
New Construction Rehabilitation Total
010: Infrastructure & Rehabilitation (Rehab Reserve)
125,000
7,768,189
7,893,189
107: Road Maintenance and Rehabilitation (RMRA) 1
9,167,228
9,167,228
111: Gas Tax 1
5,498,602
5,498,602
112: Local Park Fees (Park In-Lieu) 2
10,872,000
775,000
11,647,000
118: Systems Development - Circulation (SDC Fees - Circ) 2 118: Systems Development - Non Circulation (SDC Fees - NC) 2
21,191,390
21,191,390
8,548,900
1,700,000
10,248,900
132: Slurry Seal Surcharge (Slurry Seal) 2 154: Measure M2 Fairshare (M2 Fairshare) 1
542,987
542,987
10,493,180
10,493,180
180: Orange County Great Park (OCGP)
10,000,000
1,015,000
11,015,000
181: Orange County Great Park - Department of Finance (OCGP DOF)
40,995,000
445,000
41,440,000
270: North Irvine Transportation Mitigation Program (NITMFees) 2 271: Irvine Business Complex - Neighborhood Infrastructure (IBC Fees NI) 2 271: Irvine Business Complex - Transportation (IBC Fees Trans) 2
6,664,950
6,664,950
2,394,000
2,394,000
3,309,145
3,309,145
Grants & Contributions
3,790,610
3,790,610
Total
107,890,995
37,405,186
145,296,181
1 Dedicated Transportation Funds include: Gas Tax, Measure M2 Fairshare, and Road Maintenance and Rehabilitation Account (RMRA). 2 Developer Impact Fees include: System Development Charges (SDC), Local Park Fees (Park In-Lieu), Slurry Seal fees, Irvine Business Complex (IBC) Fees, and the North Irvine Transportation Mitigation (NITM) program fees.
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FY 2019-21 Proposed Budget
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