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· Provision of information about approaches to increase revenue for capital <br />projects <br />· Consideration of other factors recommended by the City Council <br /> <br />Using these criteria, staff propose to return to the City Council with a proposed Five <br />Year CIP, including detailed project descriptions, in April in order for the Council to <br />adopt a Five Year CIP in June as part of the budget approval process. Staff will also <br />include an update on currently-funded capital projects at that time. <br /> <br />ALTERNATIVES <br />Council may provide input on the development process of the Five Year CIP and/or <br />request that staff modify or change the approach used. <br /> <br />FISCAL IMPACT <br />A preliminary assessment of potential projects anticipates total costs of $300 million. <br />Current revenue sources are anticipated to generate approximately $143 million over <br />the next five years. The Five Year CIP will be funded in large part from the Utilities <br />Users Tax revenues. Other funding sources include the Water and Sewer Enterprise <br />funds, the Park-In-Lieu Fund, the Parking Fund, Gas Tax, Grants and special <br />assessment districts. On January 23, staff will present an overview of potential methods <br />for increasing revenue to meet unfunded needs. <br /> <br />ENVIRONMENTAL REVIEW <br />The Five Year CIP budget and development process is not a project pursuant to the <br />California Environmental Quality Act (CEQA) pursuant to CEQA Guideline 15378(b)(4) <br />because it is a government funding mechanism that does not involve commitment to a <br />specific project; environmental review will be conducted on a project by project basis. <br /> <br /> <br /> <br />ADRIAN LEE <br />MANAGEMENT ANALYST <br /> <br /> <br /> <br />RAMANA CHINNAKOTLA <br />PUBLIC W ORKS DIRECTOR <br /> <br /> <br />8.A. - Page 4