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Home My WebLink About- - Attachment 7 - 4/3/2012Attachment 7 City of Costa Mesa - 5 Year Forecast - Current and Future Year Initiatives Net change in fund balance Current & Future Year Initiatives (Examples): FY 2011-12 Adopted $ 77,022 FY 2012-13 Projected $ 3,613,679 FY 2013-14 Projected $ 3,880,211 FY 2014-15 Projected $ 6,135,294 FY 2015-16 Projected $ 6,422,400 FY 2016-17 Projected $ 8,729,660 Cumulative Total 1 Replenishment of GF Fund Balance 77,022 50,000 50,000 50,000 50,000 50,000 327,022 2 Replenishment of Equip Replace Fund B - 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 5,000,000 3 Building Modifications/Park Maintenance - 500,000 600,000 700,000 800,000 900,000 3,500,000 4 Park Improvements - - - - - - - 5 Streets - - 5,000,000 5,000,000 5,000,000 5,000,000 20,000,000 6 Alleys - 1,400,000 1,400,000 1,400,000 1,400,000 1,400,000 7,000,000 7 Sidewalks - 300,000 300,000 300,000 300,000 300,000 1,500,000 8 IT Upgrades - 900,000 900,000 900,000 900,000 900,000 4,500,000 9 Website Improvements - 25,000 25,000 25,000 25,000 25,000 125,000 10 Cal PERS Unfunded Liability - 500,000 500,000 500,000 500,000 500,000 2,500,000 11 Medical Reimbursement Unfunded Liability - 50,000 50,000 50,000 50,000 50,000 250,000 12 Youth Sports - CM United - 100,000 100,000 100,000 100,000 100,000 500,000 13 Library Upgrades - 100,000 1,840,000 1,840,000 1,840,000 1,840,000 7,460,000 14 Sports Fields Master Plan - 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 10,000,000 15 Fairview Park Master Plan - 1,840,000 1,840,000 1,840,000 1,840,000 1,840,000 9,200,000 16 Problem Properties - 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 5,000,000 17 Capital Program for Trees - 160,000 160,000 160,000 160,000 160,000 800,000 18 Countywide 800 MHz System - - - - - - - 19 Replacement of Fire Station #1 - 442,000 442,000 442,000 442,000 442,000 2,210,000 20 Harbor Blvd Improvements - 150,000 1,000,000 1,000,000 1,000,000 1,000,000 4,150,000 21 Drainage Master Plan/Improvements - 3,819,000 3,819,000 3,819,000 3,819,000 3,819,000 19,095,000 22 Westside Improvements - 500,000 500,000 500,000 500,000 500,000 2,500,000 22 Budget Contingency - Subtotal Initiatives 77,022 Deficit $ - Potential savings from continued employee contributions 1,000,000 15,836,000 $ (12,222,321) $ 522,344 1,000,000 23,526,000 $ (19,645,789) $ 1,475,268 1,000,000 23,626,000 $ (17,490,706) $ 1,477,489 1,000,000 23,726,000 $ (17,303,600) $ 2,330,400 1,000,000 23,826,000 $ (15,096,340) $ 2,332,463 5,000,000 110,617,022 $ (81,758,756) Page 1 of 1