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HomeMy WebLinkAboutFY 2022-23 Measure Z Update SlidesMeasure Z Citizen Committee Meeting Thursday, October 13, 2022 FISCAL YEAR 2022-23 MEASURE Z UPDATE 2022-23 MEASURE Z UDPATE BUDGETED REVENUE: $17.3 MILLION (included $1.8m in Fund Balance) Revenue Budgeted 1ST Quarter Revenues Measure Z –Sales Tax $15,507,000 $1,308,302 Investment Interest $51,000 ($5,373) FY 22-23 MEASURE Z UPDATE Public Safety Program Budgeted 1st Quarter Expenditures Community Support $211,120 $52,780 Police Services $2,528,510 $210,709 Fire Services $1,994,300 Animal Services $174,000 Community Development $590,200 $147,550 Public Services $102,980 $25,745 BUDGETED EXPENDITURES: $17.3 MILLION PUBLIC SAFETY: $5.6M CAPITAL PROJECTS: $11.7M FY 22-23 MEASURE Z UPDATE Project Name Budgeted 1st Quarter Expenditures Annual Citywide Dirt Road Paving Program $853,818 Annual Citywide Landscape Program $2,971,435 $40,013 Annual Citywide Sidewalk Improvements $880,000 Annual Citywide Slurry Seal Program $740,840 Auto Center Drive Bridge Retrofit $375,000 $20,137 Camino Del Norte $918,190 Dexter Traffic Light $187,912 Emergency Operations Center $300,000 $3,500 Gedge St. & Treleven Ave. Resurfacing $250,000 I-15/SR74 Interchange $321,665 $4,536 Main Street Interchange $1,700,000 Main Street Pedestrian Safety and IT Infrastructure Improvements $500,000 Rice Canyon Revetment $545,000 Storm Drain Catch Basin Inlet Filter Installation $75,000 Terra Cotta Road Street Improvements $512,096 $28,377 CLOSING COMMENTS Open discussion for questions and suggestions. City Staff Contacts: Brendan Rafferty, Fiscal Officer, brafferty@lake -elsinore.org Jeanette Hammontree, Administrative Assistant, jhammontree@lake -elsinore.org Shannon Buckley, Assistant City Manager, sbuckley@lake-elsinore.org