FY2023 Adopted Budget

year capital improvement plan is integrated into the City’s financial plan and annual budget. This plan also coordinates with the City’s long-range debt planning to ensure that sufficient debt funding is available at the time improvements are needed or expected. The projected debt issues in the program have been integrated into the Debt Service Fund’s budget.

Below is the five-year capital improvement plan expenditure summary by division.

Capital Improvement Plan 2022-2026 Summary by Division

2022

2023

2024

2025

2026

Total

Airport

1,148,750 $

$

397,250

$

450,000

1,400,000 $

1,170,000 $

4,566,000 $

Equipment

825,000 95,000 955,000 838,800 150,000

1,000,000

11,000,000 1,422,800 1,100,000

12,825,000 3,217,800 4,655,000 7,133,800 4,659,500 12,265,000 6,100,000 6,120,000 3,785,000 79,599,350 20,600,000 32,846,500 5,567,500 925,000 233,500 750,000

Fire

1,700,000

Government Buildings

1,700,000 5,175,000

550,000

350,000 280,000 400,000 500,000

Landfill Library

840,000

375,000 737,500

Parking Operations Parks Maintenance

2,090,000 1,480,000

700,000

632,000

2,605,000

3,720,000

1,240,000

3,220,000

Police

125,000

108,500

Public Works Administration

750,000

Recreation Senior Center Stormwater

100,000

500,000

5,500,000 1,745,000

2,720,000 1,625,000 11,870,470

1,655,000

690,000

990,000

240,000

240,000

Street Operations Transit Operations Wastewater Treatment Water Operations

13,710,470

9,860,470 20,120,000 3,059,000

27,147,470

17,010,470

120,000

120,000

120,000

120,000

3,464,000 1,181,000

19,466,000 1,042,500 47,356,220 $

3,338,000 1,200,000

3,519,500 1,300,000

844,000

TOTAL

28,788,020 $

56,301,770 $

43,592,970 $

29,809,970 $

205,848,950 $

Total expenditures for the Capital Improvement Program for years 2022 – 2026 are $205,848,950. Total funding sources for the Capital Improvement Program for year 2022 – 2026 are $205,922,725.

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