FY 2023-2028 CIP Budget Book

100 ‐ General Fund The General Fund provides an annual commitment for refurbishment projects at the recreation centers and within the parks. This component is typically minimal as the majority of available funds are earmarked for programs, services, and routine maintenance of facilities. 105 – Quality of Life Measure (Measure DD) Funds generated from a local sales tax measure approved by Menifee voters in 2016. These funds can be used for road improvement and rehabilitation projects as well as other uses in accordance with the measure. These funds are also used to support essential safety services such as police and fire, including constructing new City fire and police stations. 200 ‐ Gasoline Tax Funds that are generated from taxes on the sale of gasoline as a result of the laws that were passed affecting gasoline sales. The city share of gas tax revenue is based on a formula consisting of vehicle registration, assessed valuation, and population. Gas tax can only be used in street and road related maintenance projects. 201 ‐ SB1 ‐ RMRA (Road Maintenance and Rehabilitation Account) Funds generated from the Road Repair and Accountability Act of 2017 (SB ‐ 1 Beall) 220 ‐ Measure A (Local Streets and Roads) Funds generated from the one ‐ half percent sales tax levied throughout Riverside County to carry out transportation projects within county boundaries. 301 ‐ Grant Funds Grant revenues are typically reflected in Fund 301 either on a deposit basis or as a reimbursable process dependent upon the guidelines and policies of the funding organization. 310 ‐ Transportation Uniform Mitigation Fee (TUMF) A development fee to fund transportation projects that result from the growth the development projects create. These funds are collected by the City and remitted to the Western Riverside Council of Governments (WRCOG). These funds can only be used to build TUMF eligible improvements within the TUMF Regional System of Highways and Arterial (RSHA). 320 ‐ Capital Projects Funds City General Funds retained for Capital Improvement Projects. 410 ‐ 415 ‐ Road and Bridge Benefit District (RBBD) The Road and Bridge Benefit Districts were established to provide funding for the cost of road and bridge improvements to an established area of benefit. The District fees are assessed on new development projects. Description of Revenue Sources 20