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SPECIAL REVENUE FUNDS <br />Special Revenue Funds are used to account for revenue derived from specic taxes from other revenue sources that are <br />restricted by law or administrative action to expenditures for specic purposes. Special revenue funds have either a restriction <br />on their use or special reporting requirements, such as funds received related to AB 1600 development impact fees. <br />ENTERPRISE AND INTERNAL SERVICE FUNDS <br />Four Enterprise Funds make up the City’s business type operations. The Water Pollution Control Plant Fund, Environmental <br />Services Fund, Shoreline Enterprise Fund, and the Storm Water Fund are City municipal operations designed to fully recover <br />costs through user fees. Internal Service Funds also operate as business activities, exclusively supporting the City’s internal <br />operations. Facilities Maintenance, Information Technology, Insurance Services, and Equipment Maintenance make up these <br />funds. <br />The Storm Water Enterprise Fund is the only enterprise fund projected to face a negative fund balance (-$3,111,000), which <br />would be made whole by the General Fund. For the Fund to remain self-sufcient over the long-term, it will require new voter- <br />approved funding or continued subsidy from the General Fund. <br />CAPITAL IMPROVEMENT PROGRAM <br />The Capital Improvement Project (CIP) program represents the spending plan for infrastructure improvements and other <br />specic large-scale capital purchases. Projects include major street and park improvements, building construction, and <br />signicant facility maintenance or upgrades. <br />The total CIP program in the biennial budget consists of $4,050,400 in 2023-24 and $8,002,000 in 2024-25. These amounts <br />include miscellaneous department projects. General Fund CIP commitments total $759,000 in 2023-24 and $804,000 in 2024- <br />25. The CIP plan signicantly contributes to the total budget and to the community. It is important to note that the budget <br />does not include every project on the master list, but only projects currently underway. <br />ECONOMIC DEVELOPMENT EFFORTS <br />A healthy local economy is critical to maintaining a rm scal foundation for the community, including robust commercial <br />and industrial areas and expanded housing opportunities. Continuing City support of the commercial and industrial sectors <br />and developing vibrant relationships will grow the local economy and increase the City’s scal health. Local business outlays <br />continue to trend upward, with more than $200,000,000 worth of investment in San Leandro in 2022-23— more than a 35% <br />increase over the prior year. <br />Several signicant development projects are planned for the upcoming biennial period. The multi-million-dollar Shoreline <br />development project will break ground with 500-housing units, a hotel, restaurants, and a new community park. The Centro <br />Callan project will be completed, bringing the rst mixed-use development to downtown San Leandro, including 200 housing <br />units, a Sprouts grocery store, and other retail. The Bay Fair TOD area will continue redeveloping into a center for housing, <br />jobs and retail, bringing new employment uses to the mall and housing. Industrial development will continue with over half a <br />million square feet of new buildings projected. Planning will also take place for the 25-acre site north of Kaiser, that may <br />develop retail, services, hotel and added housing in the west side of the city. <br />The Economic Development Strategic Plan, beginning 2023-24, will identify ways to enhance economic activity in supporting <br />civic services, while addressing challenges that limit business development. Completion of Federal stimulus-funded (ARPA) <br />recovery programs will support small business recovery and long-term success through grants, technical assistance, and <br />expansion of the local provider network. Meaningful improvements to development processes and service delivery will <br />encourage more businesses and developers to locate and invest in San Leandro. A more business-friendly climate, along with <br />easy access to transportation, ultra high-speed internet, and a diverse housing and employment base, San Leandro will remain <br />an ideal place to grow a business. <br />PERFORMANCE MEASUREMENT <br />Metrics to gauge the delivery of city services is essential to collecting information about operational activities, achievement of <br />goals, community conditions, and other factors to better understand the work of the City and make informed decisions on <br />where to focus resources. The proposed budget lays out performance measures for each department for the rst time in <br />recent years. <br />Regular review of performance measures is planned for the upcoming biennial period. Metrics and supporting data will be <br />examined to assess the progress of service delivery throughout the City. The measurement and subsequent review can identify <br />the efciency and effectiveness in achieving stated goals and outcomes. This, in turn, can support leadership in decision- <br />making by providing information pertaining to services and programs while also contributing to a more informed process for <br />allocating resources. As the City adapts to this new process, metrics will be rened to ensure measurement data is accessible, <br />presented fairly, and the right objectives are being measured. <br />City of San Leandro | Proposed Biennial Budget FY24-25 Page 12