Item 19 - Early Direction for the Fiscal Year 2024-25 Budget (continued from the meeting on 3-19-2024)

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Early Direction for the Fiscal Year 2024-25 Budget April 2, 2024 Page 13 4 1 5 8 The City’s HUTA and RMRA allocations currently fund the following expenditures. Debt Service for $68 million of local street improvements beginning in 2007 (debt is scheduled to be paid-off in 2040) $3.2 million Traffic Signal Maintenance $2.6 million Median Landscaping $1.2 million Roadway Maintenance $2.0 million Street Projects (SB-1 spending plan approved by City Council each year) $7.7 million Recurring Programs Paid by Gas Tax Fund $16.7 million In the last five years, since the passage of Measure X, the City’s General Fund began paying for the following recurring roadway maintenance expenditures. Streetlights $1.0 million Alley Improvements $1.5 million Sidewalk and/or Street Repair $1.0 million Traffic Calming $1.0 million Median Landscaping $0.5 million Street Paving $2.0 million Recurring Programs Paid by Measure X in the General Fund $7.0 million Additional General Fund spending may become necessary in the future with the eventual decrease of Gas Tax revenue, yet the Measure X funding source is scheduled to decrease by 33% in 2029. Revive Santa Ana The Revive Santa Ana spending plan is primarily funded with the City’s $128 million allocation from the federal American Rescue Plan Act (ARPA), which is one-time money. To date, the City has spent and obligated total funding of $70.5 million. Many projects are in the design phase and are scheduled for contract award during 2024. The deadline to obligate the remaining funding is December 31, 2024. The deadline for final spending is December 31, 2026. Staff is performing an internal review of project status to determine if there are project savings available to fund additional items. The following is a short list of unfunded high- priority projects that qualify for ARPA money. •The Main Library renovation project has a funding shortfall of $2.3 million for furniture and fixtures. •The Zoo Master Plan includes a Zoo Primate Forest. Funding of approximately $1 million is needed to prepare the design and construction documents, to ensure the project is shelf-ready for grant and other restricted funding opportunities. •Recreation & Parks has identified a need for $2.1 million of funding for park lighting, as detailed below.