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_ <br /> Multi-Year Financial Plan Item - FY05 to FY10 <br /> NOTE: P/ease enter or revise item information in green cells. Other cells are locked. Cotumn width and row height maybe adjusted. <br /> _ ItemfiorMulti-Year Flnanclal Plan FY04-09 <br /> PW-1 2 Short title: General Fund Fleet Re lacement Transfer Shortfall <br /> The General Fund Fleet Reserve annual transfer needs to be increased starting in FY05 to <br /> Descri lion: kee the reserve from fallin below an acce table level 10% of value of fleet . <br /> Related MYFP or CIP Items: <br /> Lead De artment: Public Works -Maintenance <br /> Staff Contact & Phone:. Carlos Davis, x. 4808 <br /> Other Involved De artments: <br /> Several factors, including Ballet Measure 47/50 reductions, increasing vehicle acquisition <br /> costs, and the continuing use and replacement of surplus vehicles, have contributed to the <br /> depletion of the General Fund Fleet Reserve. The GF Fleet Reserve will experience a shortfall <br /> of $450,000 in FY05 if all replacements are made on schedule and the annual transfer if not <br /> Basis for Item: increased. <br /> Category: C Included in Items needed to provide new or expanded service levels that <br /> <br /> - - - prior MYFP ma o_r may not have been r~oviously identified. <br /> Estimate of Unfunded Resource Needs <br /> Assum - <br /> ed CP/ Estimate of Annual Need <br /> Fiscal <br /> Year Type of Unfunded Need Comments Possible Strategies to Meet Need <br /> (Per Sept. - <br /> 2003 State General Fund Other Funds <br /> Forecast) <br /> Ca ital Project: 1,653,200 For the re lacement <br /> FY05 1.9% Facili O erations: of existin fleet <br /> De artment O eratin <br /> FTE: <br /> Ca ital Project: 955,100 For the re lacement <br /> FY06 2.3% Facili O erations: of existin fleet <br /> De artment O eratin - <br /> FTE: - - - - <br /> Ca ital Project: 972,300 For the re lacement - <br /> FY07 2.5% Facili O erations: of existin fleet <br /> De artment O eratin - <br /> FTE: - <br /> Ca ital Project: -899,500 For the re lacement_ <br /> FY08 2.7% Facili O erations: of existin -fleet <br /> De artment O eratin _ - <br /> FTE: - <br /> Ca ital Project: _ 322,800 For there lacement__ <br /> FY09 2.8% Facili O erations:. of existing fleet <br /> De artment O eratin <br /> FTE: <br /> Ca ital Project: 299,300 For the re lacement_ ~ <br /> <br /> FY10 2.9% Facili O erations: of existin fleet <br /> De artment O eratin - ~ <br /> FTE: - i <br /> Total Capital Project: 5,102,200 <br /> Total Facility Operations: <br /> Total Department Operating: - _ <br /> Total Permanent FTE: <br /> i <br /> i <br /> i <br /> i <br /> i <br /> i <br /> i <br /> <br />