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<br /> <br />City of San Leandro <br />Mid-Year Performance Report <br /> <br />Ending December 3 ] , 2006 <br /> <br />MAJOR SPECIAL REVENUE FUNDS: Are used to account for the proceeds of specific revenue <br />sources that are legally restricted to expenditures for specific purposes. <br /> <br />Revenues <br />. The DFSI Fund reflects an increase in development fees for street improvements to new restaurants <br />and changes in tenant use. <br />. Gas Tax Fund reflects $35k in Federal/State reimbursement for Shoreline trail bank debris removal <br />and repair as a result of the 2006 storms. <br />· Park Development Fees Fund reflects a projected reduction to park in-lieu fees and a reduction in <br />reduced interest revenue. <br />· Heron Bay Maintenance Fund primarily reflects Federal/State disaster assistance reimbursement for <br />Mulford Point trail repair work in response to the 2006 storm and assessment revenues that are <br />projected to be 15% above previous projections. <br />· The Business Improvement District for the Links shuttle service program begins collection in <br />January 2007 for the current year's assessment. Assessment rates will remain the same as 2005-06. <br /> <br />SPECIAL REVENUE FUND REVENUES <br /> (In Thousands) <br /> Positive/ YTD % of <br /> YTD 06-07 Budget (Negative) Year End <br /> Actual As Amended Variance Pro'ection <br />Special Revenue Funds: <br />Street/Traffic Improv. (DFSI) 206 288 318 29 64.8% <br />Park Development Fees 59 257 215 (37) 27.4% <br />Parking 142 297 297 47.8% <br />Gas Tax 799 1,554 1,589 35 50.3% <br />Heron Bay Maintenance 298 258 354 96 84.2% <br />Business Improvement District 46 138 138 33.3% <br />Subtotal Special Revenue 1,550 2,792 2,911 119 53.2% <br />Operating Transfers 104 204 204 510% <br />Total Special Revenue Funds 1,654 2,996 3,115 119 53.1% <br /> <br />Expenditures <br />· Street and Traffic Improvement fund expenditures primarily reflect the current status of most capital <br />improvement projects, which are in the design phase. The Monarch Bay/Fairway Drive project <br />budget of $51 Ok is currently on hold pending a decision on the future of the Marina. <br />· The Bancroft Middle School Sports Field Agreement is currently in development with the San <br />Leandro Unified School District, and the capital project remains in the design phase. <br />· The Heron Bay Shoreline rip rap repairs and maintenance projects are ongoing. <br /> <br />10 <br />