20-YEAR MARINA FUND ANALYSIS
																								FY2001	FY2001
																								to	to
	FY 1998	FY1999	FY2000	FY2001	FY2002	FY2003	FY2004	FY2005	FY2006	FY2007	FY2008	FY2009	FY2010	FY2011	FY2012	FY2013	FY2014	FY2015	FY2016	FY2017	FY2018	FY2019	FY2020	FY2010	FY2020
	Actual	Actual	Actual	Actual	Adjusted	Adopted	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	TOTAL	TOTAL

Beginning Fund Balance	1,461,559	1,714,388	967,161	949,016	1,490,523	1,092,693	1,340,699	1,688,424	1,199,462	901,086	900,398	894,472	225,355	273,250	528,206	790,634	1,060,752	513,784	799,135	1,092,868	1,395,226	1,706,462	2,026,835
Revenues
Berth Rentals	1,602,607	1,667,725	1,832,733	1,964,564	2,075,000	2,075,000	2,137,250	2,226,368	2,318,159	2,387,703	2,459,334	2,533,114	2,609,108	2,687,381	2,768,003	2,851,043	2,936,574	3,024,671	3,115,411	3,208,874	3,305,140	3,404,294	3,506,423	22,785,600	53,593,412
Lease Payments	1,114,708	1,086,886	1,139,993	1,236,100	1,209,540	1,221,635	1,233,852	1,246,190	1,264,883	1,283,856	1,303,114	1,322,661	1,342,501	1,362,638	1,383,078	1,403,824	1,424,881	1,446,255	1,467,949	1,489,968	1,512,317	1,535,002	1,558,027	12,664,333	27,248,272
Miscellaneous Fees		78,519	123,942	129,610	124,400	126,400	130,192	134,098	138,121	142,264	146,532	150,928	155,456	160,120	164,923	169,871	174,967	180,216	185,623	191,191	196,927	202,835	208,920	1,378,001	3,213,595
Recreation & Events	26,123	33,644	34,134	30,080	27,810	28,644	29,504	30,389	31,300	32,239	33,207	34,203	35,229	36,286	37,374	38,496	39,650	40,840	42,065	43,327	44,627	45,966	47,345	312,605	728,580
Interest	104,995	83,299	69,988	92,578	74,526	54,635	67,035	84,421	59,973	45,054	45,020	44,724	11,268	13,663	26,410	39,532	53,038	25,689	39,957	54,643	69,761	85,323	101,342	579,234	1,088,591
Straw Bale Building	31,999	3,099																						-	-
Dock of the Bay							40,000	40,600	41,209	41,827	42,455	43,091	43,738	44,394	45,060	45,736	46,422	47,118	47,825	48,542	49,270	50,009	50,759	292,920	768,054
Donations (e.g., Benches)	176	6,000	4,800	20,125	4,100	4,203	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	42,428	62,428
REVENUE TOTAL	2,880,608	2,959,172	3,205,590	3,473,057	3,515,376	3,510,517	3,639,832	3,764,065	3,855,645	3,934,945	4,031,662	4,130,721	4,199,299	4,306,481	4,426,848	4,550,501	4,677,532	4,766,789	4,900,829	5,038,545	5,180,043	5,325,429	5,474,816	38,055,120	86,702,933

Expenditures
Personnel	1,489,237	1,577,917	1,516,402	1,542,715	1,698,523	1,757,971	1,819,500	1,883,182	1,949,094	2,007,567	2,067,794	2,129,827	2,193,722	2,259,534	2,327,320	2,397,140	2,469,054	2,543,125	2,619,419	2,698,002	2,778,942	2,862,310	2,948,179	19,049,896	44,952,921
Non-personnel	955,599	1,119,435	1,192,816	1,052,391	1,221,976	1,037,201	1,057,945	1,079,104	1,100,686	1,122,700	1,145,154	1,168,057	1,191,418	1,215,246	1,239,551	1,264,342	1,289,629	1,315,422	1,341,730	1,368,565	1,395,936	1,423,855	1,452,332	11,176,631	24,483,239
Existing Debt Service (Principal & Interest)	122,275	118,412	242,950	236,445	261,842	261,840	179,262	160,150	160,150	160,150	160,150	160,150	160,150	160,150	160,150	160,150	160,150	160,150	160,150					1,900,289	2,861,189
New Debt Service (Principal & Interest)						-	135,800	192,591	371,091	371,091	491,491	492,191	548,191	576,191	611,191	611,191	611,191	611,191	611,191	611,191	611,191	611,191	611,191	2,602,446	8,679,356
CIP	51,179	200,364	21,978	95,645	727,865	202,500	96,600	85,000	570,000	271,125	170,000	160,000	883,000	670,000	255,000	180,000	200,000	1,450,000	1,160,000	210,000	210,000	210,000	210,000	3,261,735	8,016,735
Committed Reserve: Marina Fund CIP	-	-	-	-	-	-	-	650,000	-	-	-	500,000	200,000	-	-	-	825,000	-	-	-	-	-	-	1,350,000	2,175,000
Committed Reserve: B&W 2% Set Aside				-	-	-	-	200,000	-	-	-	250,000	-	-	-	-	-	-	-	-	-	-	-	450,000	450,000
Grant Matching Funds																								-	-
Charges from Other Departments	7,619	666,650	249,589	4,354	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	31,354	61,354
Other new expenditures	1,870	23,621																						-	-

EXPENDITURE TOTAL	2,627,779	3,706,399	3,223,735	2,931,550	3,913,206	3,262,512	3,292,107	4,253,027	4,154,021	3,935,632	4,037,588	4,863,225	5,179,481	4,884,121	4,596,212	4,615,823	5,558,024	6,082,888	5,895,490	4,890,757	4,999,069	5,110,356	5,224,702	39,822,350	91,679,793

Surplus/Shortfall	252,829	(747,227)	(18,145)	541,507	(397,830)	248,005	347,725	(488,962)	(298,376)	(688)	(5,927)	(732,504)	(980,182)	(577,640)	(169,364)	(65,322)	(880,492)	(1,316,099)	(994,661)	147,788	180,974	215,073	250,113

Unadjusted Ending Fund Balance	1,714,388	967,161	949,016	1,490,523	1,092,693	1,340,699	1,688,424	1,199,462	901,086	900,398	894,472	161,968	(754,827)	(304,390)	358,842	725,312	180,261	(802,315)	(195,526)	1,240,656	1,576,200	1,921,535	2,276,948

Marina CIP Set Aside for Committed Reserve						150,000	150,000	150,000	150,000	150,000	154,500	159,135	163,909	168,826	173,891	179,108	184,481	190,016	195,716	201,587	207,635	213,864	220,280	1,227,544	3,162,949
Cummulative Marina CIP Committed Reserve					224,262	374,262	524,262	24,262	174,262	324,262	478,762	137,897	101,806	270,632	444,523	623,631	(16,888)	173,128	368,844	570,431	778,066	991,931	1,212,211
B&W 2% CIP Set Aside for Committed Reserve						70,210	72,797	75,281	77,113	78,699	80,633	82,614	83,986	86,130	88,537	91,010	93,551	95,336	98,017	100,771	103,601	106,509	109,496	621,334	1,594,290
Cummulative B&W 2% CIP Committed Reserve						70,321	143,118	18,399	95,512	174,211	254,844	87,458	171,444	257,574	346,111	437,121	530,672	626,007	724,024	824,795	928,396	1,034,904	1,144,401
Total Committed Reserve Fund Balance			-	-	224,262	444,583	667,380	42,661	269,774	498,473	733,606	225,355	273,250	528,206	790,634	1,060,752	513,784	799,135	1,092,868	1,395,226	1,706,462	2,026,835	2,356,611
Total Uncommitted Fund Balance	1,714,388	967,161	949,016	1,490,523	868,431	896,116	1,021,044	1,156,801	631,312	401,926	160,866	-	-	-	-	-	-	-	-	-	-	-	-

Adjusted Ending Fund Balance	1,714,388	967,161	949,016	1,490,523	1,092,693	1,340,699	1,688,424	1,199,462	901,086	900,398	894,472	225,355	273,250	528,206	790,634	1,060,752	513,784	799,135	1,092,868	1,395,226	1,706,462	2,026,835	2,356,611
Revenue Needed			-	-	-	-	-	-	-	-	-	63,387	1,028,077	832,596	431,792	335,440	333,523	1,601,450	1,288,394	154,571	130,262	105,300	79,663	1,091,465	6,384,456
Cummulative Revenue Needed			-	-	-	-	-	-	-	-	-	63,387	1,091,465	1,924,061	2,355,853	2,691,293	3,024,816	4,626,267	5,914,660	6,069,231	6,199,493	6,304,793	6,384,456

Capital Projects
Marina Fund CIP
General CIP			1,600	6,013	56,344
A-C Restroom (Launch Ramp grant match)					123,000																			123,000	123,000
1.5% Public Art Contribution					3,656
Corporation Yard Storage Shed				8,612
Marina Restroom Partitions			6,271	16,127
Pathway/Cabling/Sewer (PW)??				39,700
L&M Restroom Repairs	30,000																							-	-
K Dock Repairs	13,000																							-	-
Marina Office Deck Beam	11,600																							-	-
F&G Dock Replacement	13,800	665,000	168,000																					-	-
H&I Dock Replacement									500,000															500,000	500,000
Concrete Dock Replacement/Maintenance	7,957	90,294	-	19,439	494,340	50,000	50,000	50,000	50,000	50,000	70,000	70,000	70,000	70,000	70,000	80,000	80,000	80,000	80,000	90,000	90,000	90,000	90,000	973,779	1,793,779
Marina Master Plan	31,595	143,405	75,000																					-	-
Marina Lighting/Security		40,000	-			10,000																		10,000	10,000
Launch Ramp Phase 2		16,000																						-	-
Piling Replacement						-		-	-	60,000	70,000	70,000	70,000	80,000	80,000	80,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	270,000	1,210,000
Dredging Study			24,000																					-	-
Sculpting Marina Channel																								-	-
Dredging South Basin													500,000	500,000										1,000,000	1,000,000
J-O Replace Ramps to Docks						20,000	20,000	20,000	20,000															80,000	80,000
J-O Install telephone conduits											10,000													10,000	10,000
Nature Center Strawbale & Classroom			-		39,025																			39,025	39,025
Dock of the Bay Rehab		20,000																						-	-
Alternate Water Supply																			880,000					-	880,000
Bikeway/Pathway Replacement			10,450	5,754		10,000	10,000	10,000	-	10,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	105,754	305,754
Picnic Areas							5,000	5,000																10,000	10,000
Reconfigure parking lot/new landscaping/SSB													83,000											83,000	83,000
F&G Parking Paving																								-	-
Repave East Parking Lot -- J Dock						112,500																		112,500	112,500
New restrooms/showers for windsurfers										60,000														60,000	60,000
Install new plantings & benches (HSL)													140,000											140,000	140,000
Windsurfer Access Area & Dedicated Parking										60,000														60,000	60,000
Relocate Marina Boulevard																		1,250,000						-	1,250,000
Install Bike Trail apart from Marina Blvd.							8,000																	8,000	8,000
Widen parking lot/repave (Docks F&G, H&I)																								-	-
Install buffers with plantings & trees				-																				-	-
Relocate Pac Bell Building																			80,000					-	80,000
One-way exit at North End of Seawall Drive										31,125														31,125	31,125
Add Overlooks at North End of Seawall Drive															85,000									-	85,000
Install benches at BYC							3,600																	3,600	3,600
Pump out station grant match					11,500																			11,500	11,500
MARINA FUND CIP TOTAL	107,952	974,699	285,321	95,645	727,865	202,500	96,600	85,000	570,000	271,125	170,000	160,000	883,000	670,000	255,000	180,000	200,000	1,450,000	1,160,000	210,000	210,000	210,000	210,000	3,261,735	8,016,735

Committed Reserves
Marina Fund CIP Set Aside
Dredging Marina Channel								650,000									825,000							650,000	1,475,000
Overlay Marina Office Parking Lot												500,000												500,000	500,000
Overlay Yacht Club Parking Lot													200,000											200,000	200,000
MARINA FUND CIP TOTAL	-	-	-	-	-	-	-	650,000	-	-	-	500,000	200,000	-	-	-	825,000	-	-	-	-	-	-	1,350,000	2,175,000

B&W 2% CIP Set Aside

B&W 2% SET ASIDE TOTAL

20-YEAR MARINA FUND ANALYSIS -- Page 2																								FY2001	FY2001
																								to	to
	FY 1998	FY1999	FY2000	FY2001	FY2002	FY2003	FY2004	FY2005	FY2006	FY2007	FY2008	FY2009	FY2010	FY2011	FY2012	FY2013	FY2014	FY2015	FY2016	FY2017	FY2018	FY2019	FY2020	FY2010	FY2020
	Actual	Actual	Actual	Adjusted	Adopted	Adopted	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	TOTAL	TOTAL
B&W 2% Fund CIP Set Aside
H& I Dock replacement								200,000																200,000	200,000
Overlay Skates Parking Lot												250,000												250,000	250,000
B&W 2% CIP TOTAL	-	-	-	-	-	-	-	200,000	-	-	-	250,000	-	-	-	-	-	-	-	-	-	-	-	450,000	450,000

Cal Boating -- Loans
A-D Dock Replacement						1,900,000		2,550,000																4,450,000	4,450,000
L&M and N&O Restrooms Replacement							500,000																	500,000	500,000
H&I Dock Replacement										1,200,000														1,200,000	1,200,000
H&I Restroom Replacement										250,000														250,000	250,000
Install A-E Docks concrete promenade walk							61,300																	61,300	61,300
F&G Dock Replacement		2,000,000																						-	-
D&E Restroom Rehab							250,000																	250,000	250,000
J-O Replace Water Lines & Elec. Service														500,000										-	500,000
Bait shop & harbormaster office												800,000												800,000	800,000
Replace Bulkhead wall (ferry pier)													400,000											400,000	400,000
Remove pilings at Marina Entrance																								-	-
Landscape Entry Way																								-	-
Dry Storage Rehab -- South						40,000																		40,000	40,000
Seismic Upgrade Ferry Pier										270,000														270,000	270,000
Install Additional Foghorn Sensor											10,000													10,000	10,000
																								-	-
CAL BOATING LOANS - CIP TOTAL	-	2,000,000	-	-	-	1,940,000	811,300	2,550,000	-	1,720,000	10,000	800,000	400,000	500,000	-	-	-	-	-	-	-	-	-	8,231,300	8,731,300
New Debt Service (Principal & Interest)⁴			-	-	-	135,800	56,791	178,500	-	120,400	700	56,000	28,000	35,000	-	-	-	-	-	-	-	-	-	576,191	611,191
																								-	-
GRANTS AND OTHER SOURCES OF FUNDING																								-	-
																								-	-
Cal Boating																								-	-
Launch Ramp Phase 2		365,000																						-	-
Launch Ramp Phase 3/Restroom					290,000																			290,000	290,000
New holding tank pump out station (NW Marina)						34,000																		34,000	34,000
Other Capital Projects																								-	-
																								-	-
Calif. Coastal Conservancy																								-	-
Landscaping/Replanting Key Areas							200,000	200,000	100,000															500,000	500,000
With ABAG: Design Pathway improvements					200,000																			200,000	200,000
Signage for Historic Points of Interest					2,000																			2,000	2,000
Plantings/trees to screen SSB parking lot													63,000											63,000	63,000
New landscaped open space (SSB)							51,000									225,000								51,000	276,000
Pier Rehabilitation ???																								-	-
Pave South Sailing Basin Parking Lot													400,000											400,000	400,000
Repave existing walkway (HSL)																								-	-
Install promenade along Seawall Drive											1,200,000													1,200,000	1,200,000
Widened trail/buffer with benches (HSL)										76,800														76,800	76,800
Install buffers with plantings & trees																	23,200							-	23,200
Educational/Interpretive Signage																								-	-
Close off/enhance N. End of Seawall Dr.											104,000													104,000	104,000
Repave Existing Walkways (HSL)										51,000														51,000	51,000
Upgrade Signage/Provide Interpretive Exhibits							75,000																	75,000	75,000
Marina Directories								20,000																20,000	20,000
Information Kiosks								45,000																45,000	45,000

General Fund -- 610-5950																								-	-
Lighting & Security			15,300																					-	-
N & O Restroom Repair				64,700																				64,700	64,700
Shorebird Play Structure ADA Access				10,000																				10,000	10,000
Upgrading Pathways for ADA Compliance				60,000																				60,000	60,000
Sewer Pump Station Improve #4 & #5							536,000																	536,000	536,000

FUND 450-5903/5905 -- Landscape Gardeners	121,895	107,503	112,414	116,207	120,332	123,942	127,661	131,490	135,435	139,498	143,683	147,994	152,433	157,006	161,717	166,568	171,565	176,712	182,013	187,474	193,098	198,891	204,858	1,338,676	3,138,579
FUND 629-5949 -- Planner			4,345	4,492	4,651	4,791	4,935	5,083	5,235	5,392	5,554	5,721	5,892	6,069	6,251	6,439	6,632	6,831	7,036	7,247	7,464	7,688	7,919	51,747	121,322
FUND 450-5949 -- Planner			67,247	69,517	71,985	74,144	76,369	78,660	81,020	83,450	85,954	88,532	91,188	93,924	96,742	99,644	102,633	105,712	108,884	112,150	115,515	118,980	122,549	800,819	1,877,551
Fund xxx-xxxx -- Grant Writer					14,000
																								-	-
FEMA -- Concrete Dock Replacement		250,000																						-	-
Dept. of Parks and Recreation																								-	-
RWQCB																								-	-
Wildlife Conservation Board												1,500												1,500	1,500
U.S. Fish and Wildlife Service																								-	-
USEPA - Region 9																								-	-
CALFED																								-	-
US Dept. of Transportation																								-	-
Leasee - H's Lordship's Parking Lot																								-	-
																								-	-
GRANTS AND OTHER FUNDING TOTAL	121,895	722,503	199,306	324,916	702,969	236,878	1,070,964	480,233	321,690	356,141	1,539,191	243,747	712,514	256,999	264,709	497,651	304,030	289,255	297,933	306,871	316,077	325,559	335,326	5,989,242	9,183,652
																									-
CIP GRAND TOTAL	229,847	3,697,202	484,627	420,561	1,430,834	2,379,378	1,978,864	3,115,233	891,690	2,347,266	1,719,191	1,203,747	1,995,514	1,426,999	519,709	677,651	504,030	1,739,255	1,457,933	516,871	526,077	535,559	545,326	17,482,276	25,931,687

¹ 3% increase in revenue per year beginning in FY2004.
² 1% increase in revenue per year from FY2002 to FY2005 and 1.5% from 2006 to 2020.
³ Interest is calculated at 5% of the fund balance at the beginning of the year.
⁴ Personnel costs reflect 3.55% expected COLA in FY2002 and a 3% estimated COLA in subsequent years.
⁵ 2% increase in non-personnel costs per year beginning in FY2004.
⁶ Debt service (Principal and Interest) computed at $70,000 per $1,000,000 per year.