Page 27 - ANALYSIS.XLS

EB-5 Regional Center Fund
The EB-5 Regional Center Fund is used to account for revenues and expenses to operate an EB-5 Regional Center under
the U.S. Citizenship and Immigration Services (USCIS) or the purpose of stimulating the U.S. economy through job creation
and capital investment by foreign investors, who benefit by being granted preference in obtaining visas.

No activity is foreseen on the fund this year.

Parklands Funds
The Parklands Funds were established to account for the resources received under Ordinance No. 1998 – 113 to be used to
acquire and develop future park sites as well as provide improvements to existing parks.

Parklands Funds have been established for three (3) zones within the City. Funding for Neighborhood Parks has
been provided for two zones. Parkland Zone #1 has been appropriated $534K for improvements on two (2) parks
within the zone; Parkland Zone #2 has been appropriated $323K to make improvements on two (2) parks; and
Parkland Zone #3 Zone has been appropriated $180K for one (1) park.

P.E.G. Fund
The Public, Educational and Governmental Fund (PEG) was establish to account for the resources receive on
cable fee of 1%, which is to be used solely for capital improvements to public, educational and government
programs.

Capital improvements of $401K to update old equipment and remodel the City Commission Room Dias. The
anticipated fund balance will be in the amount of $626K.

Friends of Quinta Fund
The Friends of Quinta Fund was established to account for the private funds raised for Quinta Mazatlán to further
education in the community of the establishment and surrounding environment.

Funds were appropriated for the operations of fund for special events in the amount of $50K and a transfer of
$1.1M to the Quinta – Center for Urban Ecology fund.

Christmas Parade Fund
The Christmas Parade Fund was established to account for the revenues received and expenditures appropriated
for the annual Christmas Parade.

The Christmas Parade Fund is expected to generate total revenues of $575K, inclusive of a $25K transfer from the
Hotel Occupancy Tax Fund. A total of $510K is expected to be appropriated for the Christmas Parade. The
remaining fund balance is estimated to be $211K.

Community Development Block Grant Fund
The Community Development Block Grant Fund was established to account for this federal grant, which are used for the sole
purpose of improving the health and welfare of the low-to-moderate income sector of our community.

The grant from the U.S. Department of Housing and Urban Development this year is for $2.3M, slightly more
from last year. The programs funded this year are listed in page 117. Funding for the oversight and
administration of these activities has been budgeted at $396K for CDBG and HOME programs.

P.D. Seized Fund
The P.D. Seized Fund was established to account for the deposit and use of confiscated monies seized by the Police
Department. The revenues will be used for the enhancement of the Police Department, previously accounted for in the
General Fund.

This year, the P.D. Seized Fund will have no appropriated activity this fiscal year with a fund balance of $1.5M.

Executive Summary Page xv