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10 <br /> <br />Funding Sources <br /> <br />Sources of funding for CIP projects <br />Description Account Code <br />Street Improvement Fund (Development Fees) 120 <br />Park Development Fund (Development Fees) 122 <br />Underground Utility Fees 123 <br />Measure BB Fund (Local Streets) 141 <br />Measure F Fund (Vehicle Reg. Fees) 143 <br />Special Grants Fund 150 <br />Gas Tax Fund (SB1) 152 <br />Measure BB Fund (Bike & Ped) 153 <br />Measure BB Fund (Grants) 155 <br />American Rescue Plan Act (2021) 190 <br />General Fund 210 <br />Water Pollution Control Plant Enterprise Fund 593 <br /> <br />Street Improvement funds are collected by the City when new development consisting of <br />buildings of any type to mitigate the impact of increased vehicles on public streets. The <br />use of these funds is limited to safety and capacity improvements, they are not eligible for <br />routine maintenance of existing streets. The amount of Street Improvement funds <br />received each year varies widely and is difficult to predict. <br /> <br />Park Development Funds are collected by the City when new development consisting of <br />residences are built to mitigate the impact of increased population on public parks. The <br />use of these funds is limited to purchase of land and construction of parks, they are not <br />eligible for routine maintenance of existing parks. The amount of Park Development <br />funds received each year varies widely and is difficult to predict. <br /> <br />Underground Utility fees are collected by the City when new development on streets <br />designated for undergrounding of utilities is built and the existing utilities are allowed to <br />remain overhead. The fund is restricted for use on projects that move utilities from <br />overhead to underground, and only on streets listed in the underground utility master <br />plan. The amount of Underground Utility fees received each year varies widely and is <br />difficult to predict. <br /> <br />Measure BB funds are collected as part of the regional sales tax. The Alameda County <br />Transportation Commission distributes a portion of the funds known as pass through <br />funds to local agencies based on a formula and the remainder is made available as <br />competitive grants. Measure BB pass through funds for CIP projects are restricted in <br />their use to projects within the public right of way and are split between two categories; <br />bicycle and pedestrian (Bike & Ped) funds and local streets and roads (local streets) <br />funds. The amount of Measure BB funds received each year is fairly consistent. <br />