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HomeMy WebLinkAboutRes 2024-045RESOLUTION NO. 2024-045 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, ADOPTING THE FINANCIAL PLAN FOR THE FISCAL YEAR JULY 1, 2024 THROUGH JUNE 30, 2025 AND CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEARS 2024-25 THROUGH 2028-29 WHEREAS, the City Council has received and considered the proposed Financial Plan and Capital Improvement Program submitted by the City Manager on June 27, 2024; and WHEREAS, following notice duly given, the City Council held a public hearing on the proposed Financial Plan. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Desert, California, as follows: SECTION 1. The amounts shown on Exhibit A, "Estimated Revenues", are hereby accepted as the Estimated Revenues for FY 2024-25 for each fund and revenue source. SECTION 2. The amounts shown on Exhibit B, "Appropriations", are hereby appropriated to the departments and activities indicated. The City Manager or designee will have the authority to adjust intra- and inter-departmental budgeted line items, as well as inter-fund transfers to facilitate approved projects, provided such adjustments do not exceed the total approved budget, including any additional approved appropriations. If the need arises during the fiscal year, requests for additional appropriations will require approval by the City Council. SECTION 3. The amounts shown on Exhibit C, "Capital Improvement Funds Program Summary and Carryovers”, are hereby accepted as continuing appropriations t o FY2024- 25. The amounts included in this exhibit include all unexpended amounts including purchase orders and contracts encumbered on or before June 30, 2024. SECTION 4. The City Manager or designee are hereby authorized, jointly and severally, to utilize General Fund reserves, to the extent needed, to cover any revenue shortfall between revenues and appropriations and to do all things which they deem necessary and proper in order to effectuate the purposes of this Resolution and the transactions contemplated hereby; and any such actions previously taken by such officers are hereby ratified, confirmed and approved. . SECTION 5. That the City Clerk shall certify to the passage and adoption of this resolution and enter it into the book of original resolutions. ADOPTED ON JUNE 27, 2024. ATTEST: KARINA QUINTANILLA MAYOR ANTHONY J. MEJIA CITY CLERK DocuSign Envelope ID: CB592957-4690-4B57-883B-65C8F3546C48 Resolution No. 2024-045 Page 2 I, Anthony J. Mejia, City Clerk of the City of Palm Desert, hereby certify that Resolution No. 2024-045 is a full, true, and correct copy, and was duly adopted at a regular meeting of the City Council of the City of Palm Desert on June 27, 2024, by the following vote: AYES: HARNIK, KELLY, NESTANDE, AND TRUBEE NOES: NONE ABSENT: NONE ABSTAIN: QUINTANILLA RECUSED: NONE IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Palm Desert, California, on ___________________. ANTHONY J. MEJIA CITY CLERK DocuSign Envelope ID: CB592957-4690-4B57-883B-65C8F3546C48 6/28/2024 EXHIBIT A Actual Adjusted Budget Projected Proposed Budget CATEGORY / FUND FY 2022-23 FY 2023-24 FY 2023-24 FY 2024-25 General Fund (110): 1. Sales tax 26,354,774 26,623,447 25,000,000 25,000,000 2. Transient occupancy tax includes Short Term Rentals *23,825,410 21,005,000 21,748,160 22,905,000 3. Property tax Secured & Unsecured & SARDA Tax Increment 8,853,225 8,746,728 10,123,452 12,624,088 4. Franchises (Cable/Gas/Electric/Waste)3,574,273 3,200,000 3,574,273 3,400,000 5. Timeshare mitigation fee 1,711,324 1,711,324 3,311,324 1,754,107 6. Business license tax 1,139,100 1,300,000 1,261,209 1,100,000 7. Transfers in (AIPP, Traffic Safety, Parkview, Housing, Cannabis)2,478,731 1,852,700 1,200,000 1,167,700 8. Permits/Fess 5,034,172 3,471,768 4,887,061 3,223,600 9. State payments (VLF, Parking Bail, MV Iieu)5,184,737 5,029,000 5,444,988 5,593,780 10. Interest & Rental 4,985,021 871,000 4,850,365 4,862,329 11. Reimbursements/Other revenues 2,260,219 1,743,500 2,045,486 1,592,275 Totals General Fund 85,400,986 75,554,467 83,446,318 83,222,879 Fire Tax Fund (230): 1. Structural Fire Tax 9,169,242 9,169,242 10,000,000 11,402,490 2. Prop. A. Fire Tax (Special Assessment)2,138,587 2,400,000 2,106,394 2,474,050 3. Reimbursements (Indian Wells & Rancho Mirage share of Ladder Truck, EMS Charges & Others)4,557,849 4,100,000 4,665,026 4,350,000 4. Interest Income 222,046 20,000 678,881 500,000 5. Transfers In fm General Fund 4,600,000 4,600,000 4,600,000 5,000,000 6. Fire Reserves - - - - Totals Fire Tax Fund 20,687,723 20,289,242 22,050,301 23,726,540 TOTAL REVENUE- FIRE AND GENERAL FUND 106,088,709 95,843,709 105,496,619 106,949,419 * Includes gross TOT received from operators. TOT rebates are reported as expenditures. CITY OF PALM DESERT Fiscal Year 2024-25 Estimated Revenues Estimated Revenues Page 1 Resolution No. 2024-045 Page 3 DocuSign Envelope ID: CB592957-4690-4B57-883B-65C8F3546C48 EXHIBIT A Actual Adjusted Budget Projected Proposed Budget CATEGORY / FUND FY 2022-23 FY 2023-24 FY 2023-24 FY 2024-25 CITY OF PALM DESERT Fiscal Year 2024-25 Estimated Revenues Traffic Safety Fund (210): 1. Vehicle Fines 7,472 2,700 2,700 3,000 2. Interest - - - - Total Traffic Safety Fund 7,472 2,700 2,700 3,000 Gas Tax Fund (211): 1. Gas Tax & Reimbursments 2,421,661 2,716,001 2,700,000 2,700,834 2. Interest 86,076 14,560 263,169 193,400 Total Gas Tax Fund 2,507,737 2,730,561 2,963,169 2,894,234 Measure A Fund (213): 1. Sales Tax 3,562,513 3,263,000 2,888,916 3,328,000 2. Reimbursements/Intergovernmental 97,960 1,713,000 125,000 0 3. Interest 738,083 100,000 1,191,169 875,600 Total Measure A Fund 4,398,556 5,076,000 4,205,085 4,203,600 Housing Mitigation Fund (214): 1. Development Fee 55,521 64,000 32,000 149,118 2. Other Revenue (Loan /Note Receivable)30,000 - 1,000 - 2. Interest 126,076 8,000 179,973 132,300 Total Housing Mitigation Fund:211,597 72,000 212,973 281,418 CDBG Block Grant Fund (220): 1. CDBG Block Grant 352,646 418,663 531,589 1,351,359 2. Reimbursements(Program Income)- - - 3. Interest - 100 100 - Total CDBG Fund 352,646 418,763 531,689 1,351,359 PLHA Grant Fund (225) 1. Grants 266,263 250,000 - 960,889 2. Interest 5,135 15,699 Total Child Care Fund 271,398 250,000 15,699 960,889 Opioid Settlement Fund (226) 1. Settlement Funds 22,695 51,098 2. Interest/Other Reimbursements 2,488 4,976 Total Public Safety Grant Fund 2,488 - 27,672 51,098 Child Care Program (228) 1. Child Care Fee 71,412 90,000 54,200 207,779 2. Interest 23,792 4,000 38,831 28,500 Total Child Care Fund 95,204 94,000 93,031 236,279 Public Safety Grant Fund (229): 1. Federal Grants - - - 2. State Grants 382,311 200,000 186,159 165,000 3. Interest/Other Reimbursements 5,026 500 15,367 12,000 Total Public Safety Grant Fund 387,337 200,500 201,526 177,000 New Construction Tax Fund (231): 1. Development Fee 518,442 414,200 263,983 650,302 2. Interest/Other Reimbursement 52,485 3,732,907 86,738 63,700 Total New Construction Fund 570,927 4,147,107 350,721 714,002 Drainage Facility Fund (232): 1. Development Fee 132,022 70,000 13,910 70,000 2. Reimbursements - - - 3. Interest 27,189 2,500 45,673 33,500 Total Drainage Facility Fund 159,211 72,500 59,583 103,500 Estimated Revenues Page 2 Resolution No. 2024-045 Page 4 DocuSign Envelope ID: CB592957-4690-4B57-883B-65C8F3546C48 EXHIBIT A Actual Adjusted Budget Projected Proposed Budget CATEGORY / FUND FY 2022-23 FY 2023-24 FY 2023-24 FY 2024-25 CITY OF PALM DESERT Fiscal Year 2024-25 Estimated Revenues Park & Recreation Fund (233): 1. Reimbursements/Fee 70,597 175,000 62,575 175,000 2. Interest / Other Reimbursement 59,795 3,000 96,390 70,800 Total Park & Recreation Fund 130,392 178,000 158,965 245,800 Signalization Fund (234): 1. Development Fee 70,931 20,000 40,790 20,000 2. Reimbursements - Federal Grant - - - 3. Interest 15,854 500 26,280 19,300 Total Signalization Fund 86,785 20,500 67,070 39,300 Fire Facilities Fund (235): 1. Development Fee 297,648 116,100 172,610 116,100 2. Interest 49,189 7,000 81,181 59,700 Total Fire Facilities Fund 346,837 123,100 253,791 175,800 Waste Recycling Fund (236): 1. Reimbursements 412,066 484,130 491,732 690,000 2.. Interest/Transer In 103,971 15,000 165,830 121,900 Total Waste Recycling Fund 516,037 499,130 657,562 811,900 Energy Independence Program (237): 1. Special Assessments 71,522 300,000 235,721 115,000 2. Reimbursements - - - 3. Interest 28,741 5,000 83,717 61,500 Total Energy Independence Program Fund 100,263 305,000 319,438 176,500 Air Quality Management Fund (238): 1. Air Quality Fee 84,901 73,400 51,055 65,000 2. Interest / Other Reimbursement 1,303 50 1,605 1,180 Total Air Quality Fund 86,204 73,450 52,660 66,180 Aquatic Center Fund (242): 1. Aquatic Fees 724,675 648,000 807,175 648,000 2. Transfer In (General Fund)1,890,294 2,976,250 2,976,250 2,937,500 3. Interest 17,601 16,000 53,814 39,500 Total Aquatic Center 2,632,570 3,640,250 3,837,239 3,625,000 Cannabis Compliance Fund (243): 1. Cannabis Compliance Permit Fee - - - 2. Cannabis Taxes 2,017,146 1,210,000 935,000 957,853 3. Interest - - - - Total Cannabis Compliance Fund 2,017,146 1,210,000 957,853 Library Services (252) 1. Transfers In - 1,321,527 2,400,000 2. Interest Total Library Services Fund - - 1,321,527 2,400,000 Art in Public Places Fund (436): 1. Development Fee 571,716 493,065 394,251 328,275 2. Interest / Other Reimbursement 48,669 400 246,085 217,790 Total AIPP Fund 620,385 493,465 640,336 546,065 Golf Course Maint/Improv Fund (441): 1. Time Share Mitigation & Amenity Fees 2,587,864 2,587,865 3,580,275 2,587,865 2. Interest / Other Reimbursement 416,974 30,000 648,159 421,400 Total Golf Course Maint. Fund 3,004,838 2,617,865 4,228,433 3,009,265 Estimated Revenues Page 3 Resolution No. 2024-045 Page 5 DocuSign Envelope ID: CB592957-4690-4B57-883B-65C8F3546C48 EXHIBIT A Actual Adjusted Budget Projected Proposed Budget CATEGORY / FUND FY 2022-23 FY 2023-24 FY 2023-24 FY 2024-25 CITY OF PALM DESERT Fiscal Year 2024-25 Estimated Revenues Compensation Benefits Fund (577): 1. Contribution - - - 2. Interest 76,735 10,000 120,127 98,300 3. Interfund Transfer In 101,289 250,000 250,000 515,000 Total Compensation Benefits Fund 178,024 260,000 370,127 613,300 Retiree Health Fund (576): 1. Contribution - - - 2. Interest 72,710 10,000 127,260 93,500 3. Interfund Transfer In 834,654 744,824 744,824 479,824 Total Retiree Health Fund 907,364 754,824 872,084 573,324 El Paseo Merchant Fund (271): 1. El Paseo Merchant Fee(Business License) & Interest 272,891 411,770 276,703 250,000 Total El Paseo Fund 272,891 411,770 276,703 250,000 Capital Improvement Fund (400): 1. State, Federal, CVAG Reimb.,Other Rev.50,000 - 262,321 - 2. Interest 306,874 10,000 455,741 335,000 3. Interfund Transfer In 14,184,017 200,000 200,000 - Total Capital Improvement Fund 14,540,891 210,000 918,062 335,000 CP Parks Fund (430): 1. Reimbursements - - - 2. Interest 351 100 537 400 Total Parks Fund 351 100 537 400 CP Drainage Fund (420): 1. Interest/ Reimbursements 66,253 20,000 100,252 73,700 2. Transfers In 3,200,000 3,200,000 Total Drainage Fund 66,253 3,220,000 3,300,252 73,700 CP Signal Fund (440): 1. Reimbursements - - - 2. Interest 3,721 300 5,931 4,300 Total Signal Fund 3,721 300 5,931 4,300 CP Library Fund (452): 1. General Fund Transfers In (County using former RDA pass through monies)- 4,036,600 - Total Library Fund - - 4,036,600 - Building Maintenance Fund (450): 1. General Fund Transfer In 1,168,341 - - 2. Interest 89,036 5,000 138,970 102,150 Total Building Maintenance Fund 1,257,377 5,000 138,970 102,150 Economic Development Fund (425): 1. Interest, Rent, Transfers & Reimbursments 171,621 89,543 305,269 141,243 Total Economic Development Fund 171,621 89,543 305,269 141,243 Capital Bond Fund (451): 1. Interest, Rent, Reimbursements, & Transfers In 4,003,739 250,000 2,560,138 250,000 Total Capital Bond Fund 4,003,739 250,000 2,560,138 250,000 University Park 2024 Project Fund (470) 1.Contribution from Private Source 10,000,000 2. Interest Total University Park Fund - - 10,000,000 - Estimated Revenues Page 4 Resolution No. 2024-045 Page 6 DocuSign Envelope ID: CB592957-4690-4B57-883B-65C8F3546C48 EXHIBIT A Actual Adjusted Budget Projected Proposed Budget CATEGORY / FUND FY 2022-23 FY 2023-24 FY 2023-24 FY 2024-25 CITY OF PALM DESERT Fiscal Year 2024-25 Estimated Revenues Debt Service Funds (Various 300's) 1. Transfer In/Taxes/Interest 3,257,811 3,315,542 3,315,542 3,387,188 Total Debt Service Funds 3,257,811 3,315,542 3,315,542 3,387,188 Parkview Office Complex Fund (510): 1. Rent/Leases of Buildings 1,473,376 1,250,000 1,210,451 1,250,000 2. Other Revenues - 15,000 - 3. Interest 231,833 48,000 578,280 48,000 Total Parkview Office Fund 1,705,209 1,313,000 1,788,731 1,298,000 Equipment Replacement Funds (530): 1. General & Fire Fund Transfer In 860,000 - 119,788 - 2. Interest 209,558 165,036 329,313 242,000 3. Reimbursements/Other Revenues 85,914 - - Total Equip. Replacement Fund 1,155,472 165,036 449,101 242,000 Landscape & Lighting Districts (272-299): 1. Transfer In 141,408 110,000 110,000 145,599 2. Taxes 311,215 253,817 328,197 320,922 3. Interest 18,913 - 244,392 5,400 Total Landscape & Lighting 471,536 363,817 682,589 471,921 Business Improvement Districts (272-299): 1. Taxes 690,099 299,699 567,278 707,407 2. Interest/Transfers 135,120 7,000 170,719 125,500 Total Business Improvement 825,219 306,699 737,997 832,907 Desert Willow Golf Fund (520-521): 1. Golf Course 12,421,636 11,653,100 11,799,505 12,364,410 2 Resturant Revenue 4,875,792 4,542,220 4,587,978 4,780,039 3. Interest 213,517 154,140 125,000 231,060 Total Desert Willow Fund 17,510,945 16,349,460 16,512,483 17,375,509 Housing Fund (870): 1. Transfers In & Interest 415,990 504,922 551,299 497,102 Total Housing Fund 415,990 504,922 551,299 497,102 TOTAL ALL CITY FUNDS (Excl. Housing Authority & Housing Asset Funds)171,339,153 145,588,613 172,519,898 156,427,505 Estimated Revenues Page 5 Resolution No. 2024-045 Page 7 DocuSign Envelope ID: CB592957-4690-4B57-883B-65C8F3546C48 FY 2024-25 Proposed Budget 4110 City Council 350,401 4111 City Clerk 1,192,865 4112 Legislative Advocacy 40,845 4114 Elections 165,000 4120-21 Legal 671,110 4130 City Manager 2,077,045 4132 Special Programs - 4134 Capital Projects 1,593,632 4150-51 Finance and Audit 2,536,288 4154 Human Resources 1,117,478 4159 General Services 5,017,875 4190 Information Technology 3,498,426 4191 Unemployment Insurance 10,000 4192 Insurance 1,254,623 4199 Interfund Transfers 11,990,324 4210 Police Services 22,284,902 4211 Community Safety 131,100 4212 Homelessness Service 103,000 4230 Animal Regulation 410,000 4250 Traffic 1,484,949 4300 Public Works 1,827,840 4310 Streets 2,642,730 4312 ADA Improvements 50,000 4313 Parking Lot Improvements 200,000 4330 Corp Yard 256,200 4331 Fleet 412,500 4340 Building Maint 1,292,958 4344 Portola Community Ctr 219,750 4396 NPDES 350,000 4416 Community Promotions 557,720 4417 Marketing 2,206,326 4419 Visitor Services 12,930 4420 Building and Safety 1,321,441 4421 Permit Center 951,321 4422 Code Enforcement 946,494 4423 Engineering & Land Develop.822,934 4430 Economic Development 1,776,934 4470 Community Development 2,313,252 4610 Parks and Recreation 2,214,500 4611 Park Maintenance 1,497,000 4614 Landscape Services 3,231,294 4618 Citywide Park Imps - 4674 Civic Center Park Imps 50,000 4800 Contributions 1,979,025 Grand Total 83,063,012 Department City of Palm Desert General Fund Appropriations Fiscal Year 2024-25 EXHIBIT B Resolution No. 2024-045 Page 8 DocuSign Envelope ID: CB592957-4690-4B57-883B-65C8F3546C48 EXHIBIT 2EXHIBIT B FUND NUMBER FUND NAME FY 2024-2025 Appropriations 210 Traffic Safety 2,700 211 Gas Tax 3,660,000 213 Measure A 14,510,000 214 Housing Mitigation Fee 409,135 220 Community Development Block Grant 1,021,815 225 Permanent Local Housing Allocation Grant (PLHA)460,000 226 Opioid Settlement Funds 101,000 228 Child Care Program - 229 Public Safety Police Grant 35,000 230 Prop. A Fire Tax 24,049,138 231 New Construction Tax - 232 Drainage Facility 263,138 233 Park and Recreation - 234 Traffic Signal - 235 Fire Facilities - 236 Recycling Fund 753,000 237 Energy Independence Program 192,145 238 Air Quality Management 89,830 242 Aquatic Center 3,601,500 243 Cannabis Compliance Fund 500,000 252 Library Services 2,601,077 400 Capital Improvement Fund 8,528,612 420 CIP - Drainage 275,000 425 Economic Development 744,592 430 CIP - Park and Recreation - 436 Art in Public Places 1,074,120 441 Golf Course Capital Management 3,075,000 450 Building Maintenance 3,075,000 451 SARDA CIP & Properties 12,650,000 452 Library CIP 3,287,000 870 Housing Set Aside Fund 497,102 85,455,904 CITY OF PALM DESERT Appropriations Fiscal Year 2024-2025 Special and Capital Projects Funds Resolution No. 2024-045 Page 9 DocuSign Envelope ID: CB592957-4690-4B57-883B-65C8F3546C48 Appropriations EXHIBIT 2 EXHIBIT B FUND NUMBER FUND NAME FY 2024-2025 Appropriations Fiscal Year 2024-2025 CITY OF PALM DESERT 301 Assessment Dist 83-1 - 303 Assessment Dist 84-1 - 304 Assessment Dist 87-1 188,669 306 Assessment Dist 92-1 121,231 307 Assessment Dist 91-4 Bighorn - 308 Assessment Dist 94-2 Sunterrace/Varner 101,978 309 Assessment Dist 94-3 Merano - 311 Assessment Dist 98-1 Canyons of Bighorn - 312 Assessment Dist 01-1 Silver Spur 176,359 314 Assessment Dist Highlands 120,665 315 Assessment Dist Section 29 1,435,900 351 Assessment Dist 91-1 Indian Ridge 1,173,458 353 Assessment Dist CFD University Park 965,850 354 Assessment Dist CFD University Park 2021 1,785,850 391 Palm Desert Finance Authority 162,559 6,232,519 271 El Paseo Merchants 275,000 272-299 Landscape & Lighting Zones 636,588 277, 282, 289 Business Improvement District 574,443 1,486,031 510 Parkview Office Complex 7,775,800 520 Desert Willow Golf Course 12,678,707 521 PD Recreational Facilities Corporation 5,034,020 530 Equipment Replacement 3,656,783 576 Retiree Health 1,468,064 577 Compensation Benefits 250,000 30,863,374 Total Funds Excluding General & Housing 124,037,828 General Fund Total 83,063,012 Housing Funds Total 17,796,397 Total General & Housing Funds 100,859,409 Total Expenditures 224,897,237 Special Assessment Funds Enterprise and Internal Service Funds Debt Services Funds Resolution No. 2024-045 Page 10 DocuSign Envelope ID: CB592957-4690-4B57-883B-65C8F3546C48 Type Project Name Funding Source Fund No. Fund Type Account No. 2023-24 Est. Budget 2023-24 Carryover Requested 2024-25 Year 1 2025-26 Year 2 2026-27 Year 3 2027-28 Year 4 2028-29 Year 5 Total Annual AD Annual R/M 84-1 Fund 303 Debt Service Funds 3034311-4332000 - - - 24,511 - - - 24,511 Annual AD Annual R/M 87-1 Fund 304 Debt Service Funds 3044311-4332000 188,669 188,669 - - - - - 188,669 Annual AD Annual R/M 92-1 Fund 306 Debt Service Funds 3064311-4332000 121,231 121,231 - - - - - 121,231 Annual AD Annual R/M 94-1 Fund 307 Debt Service Funds 3074311-4332000 - - - 324,833 - - - 324,833 Annual AD Annual R/M 94-2 Fund 308 Debt Service Funds 3084311-4332000 101,978 101,978 - - - - - 101,978 Annual AD Annual R/M 91-1 Fund 351 Debt Service Funds 3514311-4332000 1,173,458 1,173,458 - - - - - 1,173,458 Annual Bridge Inspection & Repair Program Measure A 213 Special Revenue Funds 2134359-4400100 442,140 442,141 700,000 2,000,000 300,000 300,000 300,000 4,042,141 Cont. City Hall ADA & Parking Lot Improvements Capital Improvement Fund 400 Capital Project Funds 4004161-5000914 - - - - - - - - Annual Citywide Pavement Condition Evaluation Gas Tax 211 Special Revenue Funds 2114311-4391505 100,000 100,000 250,000 110,000 110,000 110,000 110,000 790,000 New CV Link Enhancements & Slurry Seal New Construction Tax 231 Special Revenue Funds 2134311-4332000 530,000 446,048 - - - - - 446,048 Cont. CV Link Hovley Connector New Construction Tax 231 Special Revenue Funds 2314670-5000202 - - - - 3,500,000 - - 3,500,000 Cont. Desert Willow Parking Lot Landscape Project Golf Capital 441 Enterprise Funds 4414195-4809200 75,952 - - - - - 75,952 Cont. Fire Station 102 Fire Fund 230 Special Revenue Funds 2304220-4400100 3,400,000 3,332,600 - - - - - 3,332,600 Cont. Fire Station 102 Fire Facilities 235 Special Revenue Funds 2354270-4400100 650,000 663,629 - - - - - 663,629 Cont. Fire Station 102 PA2 Capital Bond Fund 451 Capital Project Funds 4514270-4400100 3,000,000 - - - - - - - Cont. Fire Station 102 PA4 Capital Bond Fund 451 Capital Project Funds 4514270-4400100 15,000,000 - 12,000,000 8,000,000 - - - 20,000,000 New Fire Station 33 Remodel Fire Fund 230 Special Revenue Funds 2304220-4400100 - 500,000 6,000,000 - - - 6,500,000 New Fire Station 71 Rebuild Fire Fund 230 Special Revenue Funds 2304220-4400100 - 450,000 6,500,000 - - - 6,950,000 Cont. Haystack Channel Rehab Drainage Facility 420 Capital Project Funds 4204370-5000454 3,195,111 3,294,486 - - - - - 3,294,486 Cont. Haystack Road Traffic Calming Improve Measure A 213 Special Revenue Funds 2134565-5000909 1,404,000 1,389,754 - - - - - 1,389,754 Cont. Haystack/Highway 74 & Monterey/Fred Waring Mod.Measure A 213 Special Revenue Funds 2134250-5000904 14,863 - - - - - 14,863 Cont. HSIP Crosswalks Measure A 213 Special Revenue Funds 2134317-5000908 224,455 216,259 - - - - - 216,259 Cont. HSIP Signal Backplates Measure A 213 Special Revenue Funds 2134317-5000908 1,632,035 1,601,996 - - - - - 1,601,996 Cont. Lupine Plaza Capital Improvement Fund 451 Capital Project Funds 4004430-5000912 600,000 600,000 New Mountain View Retention Basin General 110 General Fund 1104159-4219100 1,640,359 - - - - - 1,640,359 New New Library Facility Library Capital Projects 452 Capital Project Funds 4524136-4400100 69,015 3,200,000 - - - - 3,269,015 New New Library Facility Capital Bond Fund 451 Capital Project Funds 4514136-4400100 - - - 16,000,000 - - - 16,000,000 Cont. PD Link Measure A 213 Special Revenue Funds 2134670-5000202 4,087,263 1,300,000 250,000 250,000 250,000 2,050,000 Cont. PDHA Replacement Expenditures Housing Authority 871 Special Revenue Funds 8714195-4331100 2,451,140 1,914,841 4,500,000 - - - - 6,414,841 Cont. Sec 29 & Gerald Ford Improv on Det Basins & Storm Drain BAD No. 1 289 Special Revenue Funds 2894374-5000455 5,200,000 - - - - - - - Cont. Sec 29 & Gerald Ford Improv on Det Basins & Storm Drain Capital Bond Fund 451 Capital Project Funds 4514374-5000455 - - - - - - - Cont. Sec 29 & Gerald Ford Improv on Det Basins & Storm Drain Drainage 232 Special Revenue Funds 2324370-5000455 448,036 2,559 - - - - - 2,559 New Stormwater and Drainage Infrastructure Assessment Measure A 213 Special Revenue Funds 2134370-4400100 - 3,360,000 2,680,000 2,680,000 2,745,000 2,745,000 14,210,000 Annual Street Resurfacing Program Gas Tax 211 Special Revenue Funds 2114311-4332000 4,268,183 4,252,793 2,000,000 1,500,000 1,500,000 1,500,000 1,500,000 12,252,793 Annual Street Resurfacing Program Gas Tax 211 Special Revenue Funds 2114311-4391505 894,814 - 1,300,000 - - - - 1,300,000 Annual Street Resurfacing Program Measure A 213 Special Revenue Funds 2134311-4332000 2,626,742 598,856 2,000,000 6,500,000 3,500,000 2,500,000 2,500,000 17,598,856 New Vitalia Way &Gerald Ford Drive Traffic Signal improv Measure A 213 Special Revenue Funds 2134385-5000911 721,651 625,167 - - - - - 625,167 Annual Walk n Roll PD Measure A 213 Special Revenue Funds 2134633-5000103 2,150,000 1,921,720 2,500,000 - - - - 4,421,720 TOTALS 51,295,320 24,788,374 34,060,000 49,889,344 11,840,000 7,405,000 7,155,000 135,137,718 CIP Funding Sources 2023-24 Carryover Requested 2024-25 Year 1 2025-26 Year 2 2026-27 Year 3 2027-28 Year 4 2028-29 Year 5 General Fund 1,640,359 - - - - - Special Revenue Funds 17,523,226 18,860,000 25,540,000 11,840,000 7,405,000 7,155,000 Capital Project Funds 3,963,501 15,200,000 24,000,000 - - - Debt Service Funds 1,585,336 - 349,344 - - - Internal Service Funds - - - - - - Enterprise Funds 75,952 - - - - - Unfunded - - - - - - Totals 24,788,374 34,060,000 49,889,344 11,840,000 7,405,000 7,155,000 City of Palm Desert Capital Improvement Funds Program FY 2024-25 Summary CIP Projects 6/18/2024 11:58 AM EXHIBIT C Resolution No. 2024-045 Page 11 DocuSign Envelope ID: CB592957-4690-4B57-883B-65C8F3546C48 Type Project Name Funding Source Fund No. Fund Type Account No. 2023-24 Est. Budget 2023-24 Carryover Requested 2024-25 Year 1 2025-26 Year 2 2026-27 Year 3 2027-28 Year 4 2028-29 Year 5 Total Annual ADA Curb Ramp Modifications General 110 General Fund 1104312-4332000 25,000 - 50,000 50,000 50,000 50,000 50,000 250,000 Annual ADA Curb Ramp Modifications Measure A 213 Special Revenue Funds 2134312-4400100 50,000 - 100,000 100,000 100,000 100,000 100,000 500,000 Deferred Artists Center at Galen Improv Building Maint 450 Capital Project Funds 4504164-4388500 - - 150,000 75,000 75,000 - - 300,000 Annual Bike Lane Striping Measure A 213 Special Revenue Funds 2134633-5000204 - - 150,000 150,000 150,000 150,000 - 600,000 Deferred Cahuilla Hills Park Improvements CDBG 220 Special Revenue Funds 2204649-4400100 - 329,544 - - - - - 329,544 Deferred Cahuilla Hills Park Improvements Cap Improvement Fund 400 Capital Project Funds 4004618-4400100 - - 1,800,000 - - - - 1,800,000 Annual Catch Basin & Inlet Modifications Gas Tax 211 Special Revenue Funds 2114311-4332000 105,000 - 110,000 110,000 110,000 100,000 100,000 530,000 Cont.Catch Basin & Inlet Modifications Drainage Facility 420 Capital Project Funds 4204314-4332000 - 18,535 275,000 275,000 275,000 275,000 275,000 1,393,535 Cont.City Hall Roof Improvements Building Maint 450 Capital Project Funds 4504161-4400100 250,000 150,000 150,000 150,000 - - - 450,000 Annual Citywide Street Striping &Lane Improv Measure A 213 Special Revenue Funds 2134315-4332000 300,000 - 300,000 300,000 300,000 300,000 - 1,200,000 Cont.Citywide Wayfinding Signage Measure A 213 Special Revenue Funds 2134300-5000910 250,000 - 250,000 250,000 - - - 500,000 Deferred Civic Center Complex Improvements Building Maint 450 Capital Project Funds 4504161-4400100 350,000 - 675,000 250,000 250,000 250,000 - 1,425,000 Deferred Civic Center Park Improvements Cap Improvement Fund 400 Capital Project Funds 4004674-4400100 600,000 1,050,000 450,000 250,000 250,000 250,000 2,850,000 Deferred Community Gardens Box Renovation Cap Improvement Fund 400 Capital Project Funds 4004618-4400100 - - 250,000 250,000 250,000 100,000 100,000 950,000 Deferred Corporation Yard Building Improv Cap Improvement Fund 400 Capital Project Funds 4004330-4400100 350,000 - 650,000 100,000 75,000 75,000 75,000 975,000 Cont.Desert Recreation District Building Improv Capital Bond Fund 451 Capital Project Funds 4514164-4400100 3,188,213 3,770,946 - - - - - 3,770,946 Cont.El Paseo Mid-Block Crossing Measure A 213 Special Revenue Funds 2134311-4332000 750,000 750,000 1,000,000 - - - - 1,750,000 Cont.El Paseo Mid-Block Crossing Capital Bond Fund 451 Capital Project Funds 4514679-5000102 500,000 250,000 - - - - - 250,000 Deferred El Paseo Parkway Improvements Cap Improvement Fund 400 Capital Project Funds 2134310-4400100 - 500,000 150,000 150,000 150,000 150,000 1,100,000 Cont.Facilities Maint Master Plan Building Maint 450 Capital Project Funds 4504164-4309000 - 100,000 100,000 100,000 100,000 100,000 100,000 600,000 Cont.Fire Cliff - Golf Course Improve Golf Capital 441 Capital Project Funds 4414195-4809200 - - - - 50,000 50,000 50,000 150,000 Deferred Fire Station 33 Building Improv Fire Fund 230 Special Revenue Funds 2304220-4400100 165,000 - 150,000 150,000 150,000 150,000 150,000 750,000 Deferred Fire Station 67 Building Improv Fire Fund 230 Special Revenue Funds 2304220-4400100 465,000 450,000 275,000 75,000 75,000 75,000 75,000 1,025,000 Deferred Fire Station 71 Building Improv Fire Fund 230 Special Revenue Funds 2304220-4400100 130,000 - 100,000 150,000 150,000 150,000 150,000 700,000 Deferred Fire Station 71 Tenant Improve Fire Fund 230 Special Revenue Funds 2304220-4400100 300,000 - 300,000 300,000 300,000 300,000 300,000 1,500,000 Deferred Henderson Building improv Building Maint 450 Capital Project Funds 4504164-4400100 - - 150,000 150,000 150,000 150,000 150,000 750,000 Deferred Historical Society Building Improv Building Maint 450 Capital Project Funds 4504164-4400100 28,247 - 150,000 100,000 100,000 100,000 100,000 550,000 Cont.Homme Adams Park New Prefabricated Restroom Cap Improvement Fund 400 Capital Project Funds 4004618-4400100 150,000 150,000 750,000 - - - - 900,000 Annual Housing Mitigation Housing Mitigation 214 Special Revenue Funds 2144490-4390101 250,000 - 250,000 250,000 250,000 250,000 - 1,000,000 Deferred Hovley Soccer Park Improvements Cap Improvement Fund 400 Capital Project Funds 4004618-4400100 450,000 250,000 150,000 800,000 - - - 1,200,000 Deferred Magnesia Falls Park Improvements Cap Improvement Fund 400 Capital Project Funds 4004618-4400100 - 200,000 - - - - 200,000 Cont.Market Place Dr & Cook Traffic Signal improv.Measure A 213 Special Revenue Funds 2134385-5000911 235,075 1,029,482 - - - - - 1,029,482 Cont.Market Place Dr & Cook Traffic Signal improv.Traffic Signal 234 Special Revenue Funds 2344250-4400100 460,075 460,075 - - - - - 460,075 Deferred Median Landscape Rehabilitation General 110 General Fund 1104614-4337001 150,000 - 750,000 750,000 750,000 750,000 750,000 3,750,000 New Mid-Valley Channel Improvements Cap Improvement Fund 400 Capital Project Funds 4004370-5000456 - 150,000 150,000 150,000 - - 450,000 Annual Motorcycle Replacement Police Grants 229 Special Revenue Funds 2294210-4391400 34,000 - 35,000 36,000 - - - 71,000 Cont.Mountain View - Golf Course Improve Golf Capital 441 Capital Project Funds 4414195-4809200 - - - - 250,000 3,500,000 - 3,750,000 Annual Neighborhood Traffic Calming Program Measure A 213 Special Revenue Funds 2134565-5000903 150,000 - 200,000 200,000 200,000 200,000 - 800,000 Cont.North Sphere Community Park - Future Improv Capital Bond Fund 451 Capital Project Funds 4514618-5000913 - 150,000 - - - - 150,000 Cont.North Sphere Community Park - Future Improv Unfunded N/A Unfunded N/A - 5,000,000 10,000,000 - - - 15,000,000 New North Sphere Regional Park - Future Improv Unfunded N/A Unfunded N/A - - - 15,000,000 15,000,000 - - 30,000,000 Cont.Office Space Improv- Phase 1 Building Maint 450 Capital Project Funds 4504164-4400100 - 132,487 - - - - - 132,487 New Office Space Improv- Phase 2 Building Maint 450 Capital Project Funds 4504164-4400100 - 350,000 - - - - 350,000 New Office Space Improv- Phase 3 Building Maint 450 Capital Project Funds 4504164-4400100 - 750,000 - - - - 750,000 Deferred Palm Desert Aquatic Center Aquatic Fund 242 Special Revenue Funds 2424549-4400100 553,840 150,000 350,000 - 250,000 250,000 - 1,000,000 Cont.Palma Village Park Improve CDBG 220 Special Revenue Funds 2204649-4400100 186,650 10,650 - - - - - 10,650 Deferred Palma Village Park Improve Cap Improvement Fund 400 Capital Project Funds 4004618-4400100 220,000 220,000 250,000 150,000 - - - 620,000 Deferred Park Playground Improvements Cap Improvement Fund 400 Capital Project Funds 4004618-4400100 75,000 - 125,000 1,500,000 1,500,000 75,000 75,000 3,275,000 Deferred Parking Lot Rehab & Maint General 110 General Fund 1104313-4332000 200,000 168,000 200,000 500,000 500,000 500,000 500,000 2,368,000 Annual Parks & Medians Cal Sense/Smart Controller Irrigation Cap Improvement Fund 400 Capital Project Funds 4004388-4400100 50,000 - 75,000 75,000 - - - 150,000 Cont.Parkview Office Complex - Facility Improve OC Enterprise Funds 510 Enterprise Funds 5104361-4400100 2,346,224 2,000,000 850,000 250,000 250,000 1,500,000 1,500,000 6,350,000 Annual Pickleball, Tennis, & Basketball Court Resurfacing Cap Improvement Fund 400 Capital Project Funds 4004618-4400100 45,000 - 100,000 100,000 100,000 100,000 100,000 500,000 Annual Pickleball, Tennis, & Basketball Court Resurfacing General 110 General Fund 1104674-4400100 30,000 - 50,000 50,000 50,000 50,000 50,000 250,000 Deferred Portola Community Center Renovations Cap Improvement Fund 400 Capital Project Funds 4004439-4391503 - - 50,000 - - - - 50,000 Deferred Portola Community Center Renovations Building Maint 450 Capital Project Funds 4504439-4400100 100,000 100,000 500,000 - - - - 600,000 Cont.President's Plaza East & West Parking Lot Rehab Cap Improvement Fund 400 Capital Project Funds 4004692-4400100 150,423 150,423 78,612 80,971 83,400 - - 393,406 Annual Public Buildings Furnishings Building Maint 450 Capital Project Funds 4504161-4400100 75,000 - 100,000 100,000 100,000 100,000 - 400,000 Cont.Safe Routes to Schools Plan Measure A 213 Special Revenue Funds 2134300-5000910 948,920 675,000 - - - - - 675,000 Deferred Sidewalk Replacement Program General 110 General Fund 1104310-4332000 - - 150,000 150,000 150,000 150,000 150,000 750,000 Deferred Sidewalk Replacement Program Measure A 213 Special Revenue Funds 2134310-5000205 275,000 - 100,000 100,000 100,000 100,000 100,000 500,000 Public Works & Facilities Projects 6/18/2024 11:57 AM City of Palm Desert Capital Improvement Funds Program FY 2024-25 Summary EXHIBIT CResolution No. 2024-045 Page 12 DocuSign Envelope ID: CB592957-4690-4B57-883B-65C8F3546C48 Type Project Name Funding Source Fund No. Fund Type Account No. 2023-24 Est. Budget 2023-24 Carryover Requested 2024-25 Year 1 2025-26 Year 2 2026-27 Year 3 2027-28 Year 4 2028-29 Year 5 Total Deferred State Building Improvements OC Enterprise Funds 510 Enterprise Funds 5104361-4400100 - 4,850,000 - - - - 4,850,000 Cont.Technology Drive Extension to Gerald Ford Drive General 110 General Fund 1104311-4332000 300,000 300,000 - - - - - 300,000 Deferred Traffic Management System Replacement Cap Improvement Fund 400 Capital Project Funds 4004250-4400100 - 1,500,000 - - - - 1,500,000 Annual Traffic Operations & Capacity Improv Measure A 213 Special Revenue Funds 2134250-5000907 750,000 - 750,000 750,000 750,000 750,000 750,000 3,750,000 Deferred Traffic Signal Hardware Upgrades Measure A 213 Special Revenue Funds 2134250-5000906 - - 800,000 300,000 300,000 300,000 300,000 2,000,000 Deferred Traffic Signal Hardware Upgrades (IISNS Signs)Measure A 213 Special Revenue Funds 2134250-5000906 - - 500,000 500,000 500,000 500,000 500,000 2,500,000 Deferred University Park Improvements Cap Improvement Fund 400 Capital Project Funds 4004618-4400100 200,000 - 250,000 150,000 150,000 - - 550,000 Deferred Washington Park Improvements Cap Improvement Fund 400 Capital Project Funds 4004618-4400100 - 100,000 800,000 - - - 900,000 Annual Vehicle Leases Maintenance General 110 General Fund 1104331-4334000 40,000 - 45,000 - - - 45,000 Cont. Ambulance Purchase/Remounts Equipment Replacement 530 Internal Service Funds 5304220-4403000 208,000 200,000 350,000 350,000 - - - 900,000 New Backhoe Equipment Replacement 530 Internal Service Funds 5304310-4403000 - 150,000 - - - - 150,000 New Bucket Truck Equipment Replacement 530 Internal Service Funds 5304310-4403000 - 350,000 - - - - 350,000 New City Hall Charging Stations Equipment Replacement 530 Internal Service Funds 5304310-4404500 75,000 - 450,000 250,000 - - - 700,000 Annual Desktop-Laptops Equipment Replacement 530 Internal Service Funds 5304190-4404000 318,562 - 286,783 325,655 460,072 340,183 - 1,412,693 New EV Carpools Equipment Replacement 530 Internal Service Funds 5304310-4403000 150,000 - 250,000 250,000 - - - 500,000 New Forklift Equipment Replacement 530 Internal Service Funds 5304310-4403000 - 50,000 - - - - 50,000 Cont. Graffiti Truck Equipment Replacement 530 Internal Service Funds 5304310-4403000 110,000 110,000 - - - - - 110,000 New Message Boards Equipment Replacement 530 Internal Service Funds 5304310-4403000 - 75,000 - - - - 75,000 New New Golf Cart Landscape Equipment Replacement 530 Internal Service Funds 5304310-4403000 - 25,000 - - - - 25,000 New Portable Generator Equipment Replacement 530 Internal Service Funds 5304310-4403000 - 200,000 - - - - 200,000 New Pressure Washers Equipment Replacement 530 Internal Service Funds 5304310-4403000 - 75,000 - - - - 75,000 New Skip Loader Equipment Replacement 530 Internal Service Funds 5304310-4403000 - 125,000 - - - - 125,000 Cont. Stryker Gurneys Equipment Replacement 530 Internal Service Funds 5304220-4403000 - - 125,000 - - - - 125,000 New Track Loader Equipment Replacement 530 Internal Service Funds 5304310-4403000 - 125,000 - - - - 125,000 New Trash Pump Equipment Replacement 530 Internal Service Funds 5304310-4403000 - 50,000 - - - - 50,000 New Vector Truck Equipment Replacement 530 Internal Service Funds 5304310-4403000 - - 750,000 - - - 750,000 Annual Vehicle Leases Equipment Replacement 530 Internal Service Funds 5304331-4344000 96,000 - 100,000 - - - - 100,000 TOTALS 358,208,795 12,525,142 31,980,395 38,352,626 24,953,472 12,290,183 6,950,000 127,051,818 Public Works & Facilities Funding Sources 2023-24 Carryover Requested 2024-25 Year 1 2025-26 Year 2 2026-27 Year 3 2027-28 Year 4 2028-29 Year 5 General Fund 468,000 1,245,000 1,500,000 1,500,000 1,500,000 1,500,000 Special Revenue Funds 3,854,751 5,720,000 3,721,000 3,685,000 3,675,000 2,525,000 Capital Project Funds 5,892,391 11,528,612 5,955,971 4,058,400 5,275,000 1,425,000 Debt Service Funds - - - - - - Internal Service Funds 310,000 2,786,783 1,925,655 460,072 340,183 - Unfunded - 5,000,000 25,000,000 15,000,000 - - Totals 12,525,142 31,980,395 38,352,626 24,953,472 12,290,183 6,950,000 Public Works & Facilities Projects 6/18/2024 11:57 AM City of Palm Desert Capital Improvement Funds Program FY 2024-25 Summary EXHIBIT CResolution No. 2024-045 Page 13 DocuSign Envelope ID: CB592957-4690-4B57-883B-65C8F3546C48 Type Project Name Funding Source Fund No. Fund Type Account No. 2023-24 Est. Budget 2023-24 Carryover Requested 2024-25 Year 1 2025-26 Year 2 2026-27 Year 3 2027-28 Year 4 2028-29 Year 5 Total New Artwork for Phase 2 of the PD Link Project AIPP 436 Capital Project Funds 4364650-4400100 50,000 50,000 50,000 50,000 - - - 150,000 New Artwork for Phase 2 of the San Pablo Corridor Project AIPP 436 Capital Project Funds 4364650-4400100 200,000 - 300,000 - - - - 300,000 New Coachella Festival Artwork/Lease Installation AIPP 436 Capital Project Funds 4364650-4400100 - 250,000 - - - - 250,000 Annual Homebuyer Subsidies - BEGIN Program Housing Mitigation 214 Special Revenue Funds 2144494-4390102 154,500 - 159,135 159,135 159,135 159,135 - 636,540 Cont. Economic Development Business Enhancements Economic Development 425 Capital Project Funds 4254430-4387500 650,000 650,000 - - - - - 650,000 Annual Eisenhower Health Child Care Center Contribution Cap Improvement Fund 400 Capital Project Funds 4004800-4388300 500,000 - 1,000,000 1,000,000 - - - 2,000,000 Annual iHUB Rent & Operating Cost General 110 General Fund 1104199-4501000 - - 31,000 387,000 324,000 324,000 - 1,066,000 Annual iHUB Rent Cost Economic Development 425 Capital Project Funds 4254430-4345000 207,484 - 213,709 220,121 226,725 233,527 - 894,082 Annual iHUB Operating Cost Economic Development 425 Capital Project Funds 4254430-4395000 260,468 - 268,283 276,332 284,622 293,161 - 1,122,398 TOTALS 358,208,795 700,000 2,272,127 2,092,588 994,482 1,009,823 - 7,069,020 Art, Development Services, Economic Development Funding Sources 2023-24 Carryover Requested 2024-25 Year 1 2025-26 Year 2 2026-27 Year 3 2027-28 Year 4 2028-29 Year 5 General Fund - 31,000 387,000 324,000 324,000 - Special Revenue Funds - 159,135 159,135 159,135 159,135 - Capital Project Funds 700,000 2,081,992 1,546,453 511,347 526,688 - Debt Service Funds - - - - - - Internal Service Funds - - - - - - Enterprise Funds - - - - - - Unfunded - - - - - - Totals 700,000 2,272,127 2,092,588 994,482 1,009,823 - Type Project Name Funding Source Fund No. Fund Type Account No. 2023-24 Est. Budget 2023-24 Carryover Requested 2024-25 Year 1 2025-26 Year 2 2026-27 Year 3 2027-28 Year 4 2028-29 Year 5 Total Annual Clubhouse Equipment Various Golf Capital 441 Capital Project Funds 4414195-4809200 75,000 - - 135,000 - - - 135,000 Cont.Clubhouse Equipment Various Desert Willow 520 Enterprise Funds 5204195-4809200 222,500 - 155,250 117,937 94,104 111,191 - 478,482 Annual Clubhouse Improve-Roofing &Others Golf Capital 441 Capital Project Funds 4414195-4809200 192,000 - 105,000 55,000 120,000 150,000 - 430,000 Cont.Course & Ground Leases - Principal Only Desert Willow 520 Enterprise Funds 5200000-2341001 396,691 - 406,722 417,008 427,553 144,907 - 1,396,190 Cont.Golf Cart Leases - Principal Only Desert Willow 520 Enterprise Funds 5200000-2341001 470,392 - 482,287 494,483 251,911 - - 1,228,681 Annual Golf Cart Paths Golf Capital 441 Capital Project Funds 4414195-4809200 50,000 - 10,000 20,600 71,218 21,854 - 123,672 Annual Golf Course Pump & Motor Upgrades Golf Capital 441 Capital Project Funds 4414195-4809200 33,000 - - 300,000 40,000 - - 340,000 Cont.DW Perimeter Landscape & Lighting Rehabilitation Golf Capital 441 Capital Project Funds 4414195-4809200 1,200,000 500,000 800,000 250,000 250,000 - - 1,800,000 New Desert Willow Re-Roofing Golf Capital 441 Capital Project Funds 4414195-4809200 - - 1,900,000 - - - - 1,900,000 Annual Perimeter Landscaping Golf Capital 441 Capital Project Funds 4414195-4332000 260,000 - 260,000 260,000 260,000 260,000 260,000 1,300,000 TOTALS 358,208,795 500,000 4,119,259 2,050,028 1,514,786 687,952 260,000 9,132,025 Golf Funding Sources 2023-24 Carryover Requested 2024-25 Year 1 2025-26 Year 2 2026-27 Year 3 2027-28 Year 4 2028-29 Year 5 General Fund - - - - - - Special Revenue Funds - - - - - - Capital Project Funds 500,000 3,075,000 1,020,600 741,218 431,854 260,000 Debt Service Funds - - - - - - Internal Service Funds - - - - - - Enterprise Funds - 1,044,259 1,029,428 773,568 256,098 - Unfunded - - - - - - Totals 500,000 4,119,259 2,050,028 1,514,786 687,952 260,000 Golf Art, Development Services & Economic Development Projects 6/18/2024 11:53 AM City of Palm Desert Capital Improvement Funds Program FY 2024-25 Summary EXHIBIT CResolution No. 2024-045 Page 14 DocuSign Envelope ID: CB592957-4690-4B57-883B-65C8F3546C48 Summary of Funding Sources 2023-24 Carryover Requested 2024-25 Year 1 2025-26 Year 2 2026-27 Year 3 2027-28 Year 4 2028-29 Year 5 Total General Fund 2,108,359 1,276,000 1,887,000 1,824,000 1,824,000 1,500,000 10,419,359 Special Revenue Funds 21,377,977 24,739,135 29,420,135 15,684,135 11,239,135 9,680,000 112,140,517 Capital Project Funds 11,055,892 31,885,604 32,523,024 5,310,965 6,233,542 1,685,000 88,694,027 Debt Service Funds 1,585,336 - 349,344 - - - 1,934,680 Internal Service Funds 310,000 2,786,783 1,925,655 460,072 340,183 - 5,822,693 Enterprise Funds 2,075,952 6,744,259 1,279,428 1,023,568 1,756,098 1,500,000 14,379,305 Unfunded - 5,000,000 25,000,000 15,000,000 - - 45,000,000 Totals 38,513,516 72,431,781 92,384,586 39,302,740 21,392,958 14,365,000 278,390,581 Program Type 2023-24 Carryover Requested 2024-25 Year 1 2025-26 Year 2 2026-27 Year 3 2027-28 Year 4 2028-29 Year 5 Total Annual Programs 8,900,846 13,498,910 15,869,187 9,515,772 8,341,860 5,820,000 61,946,575 Deferred Maint.Catch-Up 2,267,544 17,025,000 7,900,000 6,175,000 4,375,000 3,875,000 41,617,544 1-Time Cont Program/Project 24,514,537 28,722,871 20,985,399 5,781,968 5,931,098 1,925,000 87,860,873 1-Time New Program/Project 2,830,589 13,185,000 47,630,000 17,830,000 2,745,000 2,745,000 86,965,589 Total 38,513,516 72,431,781 92,384,586 39,302,740 21,392,958 14,365,000 278,390,581 Summary of Projects *NOTE: Appropriations & encumbrances for carryover from Fiscal Year 2023-24 to 2024-25 are estimated. Amounts are subject to change due to projects approved by Council prior to June 30, 2024. Carryover appropriations are amounts which have been appropriated in FY 2023-24 & are not expected to be expended by June 30, 2024. These funds are primarily for capital budgets & specific programs that overlap fiscal years. When authorized, continuing appropriation amounts are added to the new fiscal year budget amounts in order to track all approved spending. The exact amount of appropriations & encumbrances for carryover will be determined at the end of the fiscal year during the preparation of financial statements. Carryover amounts will include: 1) Purchase Orders & 2) Unencumbered balances as of June 30, 2024 for appropriations approved by the City Council through the last meeting in June, 2024. 6/18/2024 11:53 AM City of Palm Desert Capital Improvement Funds Program FY 2024-25 Summary EXHIBIT C Resolution No. 2024-045 Page 15 DocuSign Envelope ID: CB592957-4690-4B57-883B-65C8F3546C48