|
City of San Leandro | City Council Meeting 2024 Stormwater Fee Amendment Study | March 4, 2024
<br />HF&H Consultants, LLC 9
<br />FINANCIAL NEEDS
<br />Fund All
<br />Projects
<br />Fund High and
<br />Very High
<br />Projects Only
<br />Operations & Maintenance
<br />Trash Capture Devices Mainteance $200,000 $0 $200,000 $200,000 $200,000
<br />Compliance $540,000 $0 $540,000 $540,000 $540,000
<br />Street Cleaning $780,000 $0 $780,000 $780,000 $780,000
<br />Pipe Cleaning $100,000 $0 $100,000 $100,000 $100,000
<br />Green Infrastructure $100,000 $0 $100,000 $100,000 $100,000
<br />General Fund Repayment $107,000 $0 $107,000 $107,000 $107,000
<br />Other Operations & Maintenance $140,000 $0 $140,000 $140,000 $140,000
<br />O&M Subtotal $1,967,000 $0 $1,967,000 $1,967,000 $1,967,000
<br />Capital Improvement Projects
<br />Very High Priority Projects $8,240,000 ($3,749,000)1 $4,491,000 $424,447 2 $424,447
<br />High Priority Projects $24,010,000 $24,010,000 $800,333 3 $800,333
<br />Medium Priority Projects $24,590,000 $24,590,000 $819,667 3
<br />Low Priority Projects $22,750,000 $22,750,000 $758,333 3
<br />Capital Subtotal $79,590,000 ($3,749,000)$75,841,000 $2,802,780 $1,224,780
<br />Total Annual Revenue Requirement $4,769,780 $3,191,780
<br />Cost Description
<br />Estimated
<br />Current Cost
<br />Less: Costs
<br />Funded by Other
<br />Sources Net Cost
<br />Net Annual Cost 1 Estimated contribution
<br />from CalTrans ($2,749,000)
<br />and State grant ($1,000,000)
<br />for the installation of
<br />trash capture devices
<br />2 Reflects bond-financing
<br />Very High Priority Projects
<br />(15-year term, 4.5% interest
<br />rate)
<br />3 Reflects PAYGo funding
<br />amortized over 30 years
<br />Annual Revenue Need
|