Page 493 - FY 2020-21 Blue Book Volume II
P. 493
STREET DAMAGE RESTORATION FEE SPECIAL FUND
BASIS FOR THE PROPOSED BUDGET
The 2020-21 Proposed Budget for the Street Damage Restoration Fee (SDRF) Special Fund relates to
current year funding as follows:
Amount % Change
2019-20 Adopted Budget $ 73,500,728
2020-21 Proposed Budget $ 54,111,374
Change from 2019-20 Budget $ (19,389,354) (26.4%)
The Street Damage Restoration Fee Special Fund was created by Council action to receive revenues
from the Street Damage Restoration Fee. The Fee was established in 1998 to reimburse the City for
damage to City streets caused by excavations or other work performed by any entity, including City
agencies, required to obtain a permit for the performance for this work. The funds are to be used only
for:
Street maintenance, resurfacing, repair and reconstruction.
Laboratory fees, testing, materials, engineering.
Salaries and overhead associated with these items.
2019-20 2020-21
Adopted Proposed
Budget Budget
Balance Available, July 1 $ 23,214 $ 36,374
Street Damage Restoration Fee 70,000,000 51,000,000
Sewer Construction and Maintenance Fund 3,000,000 3,000,000
Interest 477,514 75,000
Total Revenue $ 73,500,728 $ 54,111,374
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